Public auction of all of 600 Partners LLC’s (“Debtor”) right, title and interest in and to the equity interests in Nutmeg Acquisition, LLC, a Delaware limited liability company, owned by Debtor (“Auction Assets”).
Debtor, together with 777 Partners LLC (“777 Partners”) advertise as a Miami-based private investment firm founded in 2015 that focuses on sectors like sports, media, aviation, insurance, and fintech. The Auction Assets are the equity interests of its soccer-club owning holding company.
1. Type of Procedure: A public auction (“Auction”) will be conducted pursuant to Section 9-610 of the Uniform Commercial Code (“UCC”), as adopted in the State of New York.
2. Name of the Secured Party: ACM Delegate LLC, as collateral agent (“Secured Party”), is the seller for the benefit of the lenders under a credit facility by and among Debtor, 777 Partners, as borrowers, the other corporate guarantors, Secured Party and the lenders party thereto (“Secured Credit Facility”). Pursuant to the Secured Credit Facility, the Debtor has granted a security interest in all of the Auction Assets to the Secured Party to secure Debtor’s obligations under the Secured Credit Facility.
3. Asset(s) Being Sold: The Auction Assets, as defined above
4. The nature of the business of the Company whose assets are being sold: Private investment company that focuses on sectors like sports, media, aviation, insurance, and
fintech.
5. Bidding: The Auction is a public sale available to qualified bidders in person and by videoconference as specified below. The winning bid will be chosen in the Secured Party’s sole discretion. The Auction Assets will be transferred via a unit transfer power with no representations, no warranties (whether express or implied) and all Auction Assets will be sold “as-is, where-is, with all faults.”
6. Time/Date Sale: June 6, 2025, 10:00 AM ET, via zoom videoconferencing, access to which will be made available to qualified bidders, and in person, at the offices of Cadwalader, Wickersham & Taft LLP, 200 Liberty Street New York, NY 10281.
7. Name or Industry of the Company Whose Assets are Being Sold: Private investment and private credit.
8. For More Information: Please email Al Kirchhein at [email protected] for more information and to express your interest in becoming a qualified bidder.
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