Debevoise & Plimpton LLP is advising Northwestern Mutual in its strategic partnership with Sixth Street to support Northwestern Mutual’s long-term, diversified investment strategy for its institutional investment portfolios, which total over $320 billion. As part of the agreement, Northwestern Mutual will acquire a minority equity interest in Sixth Street. For more information, please see the company’s press release.

Northwestern Mutual is a financial services provider of insurance and wealth products.

The Debevoise team is led by insurance M&A partners Andrew Jamieson and Nicholas Potter and includes associate Joey Kaminsky and law clerk Emma Street, tax partner Peter Schuur, counsel Ben Lee Friedman and associate Jeannie Le, and investment management partner Matthew Dickman and counsel Anne-Lise Quach.