Baker McKenzie with Cheyne Capital on investment in Limehome Group
Baker McKenzie‘s teams in Europe have provided legal counsel to alternative investment manager Cheyne Capital on its investment in the Limehome Group. The investment was structured through a hybrid arrangement combining debt and equity elements, provided by funds managed by Cheyne Strategic Value Credit. The transaction aims to provide Limehome with long-term financial flexibility to support the company’s continued growth and expansion.
Limehome is an European technology-enabled provider of functional design accommodations. The company works with property owners and developers in European cities through a proprietary technology platform and asset-light operating model. Since its founding in Munich in 2018, Limehome has expanded its presence to over 360 locations across 156 cities, operating more than 12,500 apartments and hotel rooms in thirteen countries.
The Baker McKenzie team was led by partner Matthias Töke (banking & finance, Frankfurt, pictured), and composed also of Juan Gelabert (partner), Marina Martinez (senior associate), Maria Alonso (associate), from the banking & finance practice. In the corporate/M&A area, Luis Casals (partner), Alba Anegón (counsel), Pedro Calzada (senior associate), Isabel Rodriguez (associate), Maria Garrido (associate); Jaime Armijo (associate), in real estate matters; Hadrien Rifon (senior associate), Juan de Haro (associate), and Natalia Muro (associate), in the employment team, all of them from the Madrid’s office, among other advisors in Germany and Luxembourg (click to read the full list).
