Paul, Weiss advised Oak Hill Capital in its acquisition of a minority stake in Global Technical Realty L.P. (GTR), a provider of build-to-suit data centers for hyperscale, cloud and AI-driven workloads, alongside existing investor KKR. Under the terms of the transaction, Oak Hill made an approximately $400 million equity commitment alongside KKR’s additional $1.5 billion equity commitment. The investment will support GTR’s substantial development pipeline and marks Oak Hill’s fourth platform investment in the data center space.

The Paul, Weiss team included corporate partners Brian Lavin, Marco Masotti, Brendon Smith, Michael Spirtos, Christopher Sullivan and Lindsey Wiersma, and counsel Antony Freeman; tax partners Reuven Garrett and Cian O’Connor; executive compensation partner Rebecca Coccaro; intellectual property partners Chuck Googe and John Patten; real estate partner Salvatore Gogliormella; antitrust partner Ross Ferguson; environmental partner Stefanie Gitler and counsel William O’Brien; and litigation counsel and Audrey Paquet.