Dechert Advises on Merger of North Haven Private Income Fund LLC and SL Investment Corp.

Dechert recently advised North Haven Private Income Fund LLC (PIF) and SL Investment Corp. (SLIC) on their merger agreement for PIF to acquire SLIC. PIF and SLIC are both non-diversified, externally managed specialty finance companies focused on lending to middle-market companies. They are both externally managed by MS Capital Partners Adviser Inc., an indirect, wholly owned subsidiary of Morgan Stanley. Neither PIF nor SLIC is a subsidiary of (or consolidated with) Morgan Stanley.

The Dechert team that advised on the matter included corporate partners Matthew Carter and Thomas Friedmann, counsel John Alessi and associate Rachel Schuman Harney; financial services partners Jonathan Gaines and William Bielefeld; employee benefits partners John Schuch and Steven Rabitz; and tax partner Ari Zak and associate Mansi Seth.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital - from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology.