Dechert Advises Clementine Investments on Sale of Griffin Club to Bay Club

Dechert advised Clementine Investments LLC, the investment arm of a family office that has diverse investments in hotels, hospitality, restaurants, consumer goods, media and entertainment and real estate, on the sale of the Griffin Club Los Angeles to Bay Club Company, a KKR portfolio company.  The transaction involved an equity reinvestment in Bay Club by Clementine.

Griffin Club is a renowned racquet, athletic, aquatic and social club nestled in the heart of West Los Angeles. 

The acquisition of Griffin Club marks Bay Club’s third major West Coast investment this year and underscores Bay Club’s commitment to cultivating vibrant communities and delivering meaningful, member-centric experiences.

The Dechert team that advised Clementine Investments was led by corporate partner Gregory Schernecke and included tax partner Kevin Zaragoza; employee benefits partner Kevin Kay; real estate special council Francois Quintard-Morenas; labor and employment counsel Jeffrey W. Rubin, environmental transaction and risk management special counsel John Ix; and corporate associates Rodrigo Rivera and Jacques Forbes.

About Dechert

Dechert is the law firm that helps business leaders lead.

For more than 150 years, we have advised clients on critical issues – from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our lawyers in commercial centers worldwide are immersed in the key sectors we serve – financial services, private capital, real estate, life sciences and technology.

Dechert delivers unwavering partnership so our clients can achieve unprecedented results.