Colony Capital and HB2 Form New Energy Focused Investment Management Platform, Colony HB2 Energy

November 20, 2018

Willkie represented Colony Capital in the transaction.

Willkie client Colony Capital, Inc. announced that it has formed a new energy focused investment management platform in partnership with HB2, a Houston-based company focused on US energy asset ownership, field operations, financial management, and technology solutions for the industry. The new company will be named Colony HB2 Energy and will sponsor and manage third-party capital across a series of investment solutions providing investors more efficient forms of exposure to the upstream and midstream oil and gas industry.

Colony HB2 Energy combines investment management expertise with a highly experienced technical and operating platform to provide direct and unique investor access to oil and gas investment opportunities. The firm is headquartered in Houston, Texas and employs over 30 professionals with a broad range of industry experience.

Los Angeles-based Colony Capital (NYSE: CLNY) is a leading global investment management firm with over 400 employees across 17 locations in ten countries. With assets under management of $44 billion, it manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies. In 2016, Willkie represented Colony in its $17 billion merger of equals with NorthStar Asset Management Group Inc. and NorthStar Realty Finance Corp. to create Colony NorthStar, Inc.

The Willkie team representing Colony Capital included partners Adam Turteltaub, Michael De Voe Piazza and Cody Carper, and associates Will Thanheiser and Tej Prakash.