Schwartz Law Firm recently represented São Paulo private equity fund manager TMG Capital Partners Ltd. in internal preparations of its investment vehicle Mariscal LLC for the initial public offering of portfolio company OdontoPrev S.A. in Brazil. OdontoPrev is the leading Brazilian dental-services provider.

The Company raised the U.S. dollar equivalent of $209.7 million in the transaction, which closed on November 30, 2006.  A total of 16.2 million common shares were sold, of which 5.78 million shares were sold via a primary offering and 10.42 million through a secondary offer. 

The common shares will be listed on the Novo Mercado segment of the São Paulo Stock Exchange (BOVESPA).  The shares were offered to the public in Brazil, with selling efforts to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons under Regulation S.

The Company and the selling shareholders were advised by Mattos Filho, Veiga Filho, Quiroga and Marrey Junior Advogados and Simpson Thacher & Bartlett LLP.  The underwriters, UBS Investment Bank and Itaú BBA, instructed Pinheiro Neto Advogados and Clifford Chance US LLP.

The Schwartz Law Firm team for the transaction consisted of Kenneth Schwartz, Jeffrey Cassin, Philip Kahn and Mariana Romani.