Experience
Stradley Ronon Advises Mutual Group in Emigrant Partners Deal
Stradley Ronon represented Mutual Group Inc., a national platform serving independent financial advisers and registered investment advisers, in a transaction involving a strategic investment by Emigrant Partners, a leading minority investor in the wealth and asset management industry.
The deal, announced April 9, enables Mutual Group to expand its national footprint, deepen adviser engagement, accelerate key platform enhancements and position its business for the next phase of growth.
Peter C. Brockmeyer, Alexandra L. Rice, Christopher S. Connell, Dean V. Krishna, Melanie L. Ronen, Christine Rosenblatt, Katrina L. Berishaj and Michael P. BonnerStradley Ronon Represents Special Committee of Portman Ridge in Merger with Logan Ridge
Stradley Ronon served as legal counsel to the special committee of Portman Ridge Finance Corp., a publicly traded, externally managed closed-end investment company, in the company’s merger with Logan Ridge Finance Corp., a publicly traded business development company. The transaction closed July 15; the value was undisclosed.
The combined company had total assets in excess of $600 million based on July 11 financial data. In connection with the merger, Portman Ridge will rebrand and begin operating under the name BCP Investment Corp. to better reflect its affiliation with the broader BC Partners Credit platform.
Eric S. Purple, Nicole Simon and Geena MarzoucaStradley Ronon Represents Cook Wealth in Merger with Cerity Partners
Stradley Ronon represented Cook Wealth, a Raleigh-based wealth management firm, in a merger with Cerity Partners, a financial and wealth advisory firm serving high-net-worth individuals and their families and nonprofit organizations and foundations throughout the United States.
The merger expands Cerity Partners’ integrated wealth advisory services, including financial planning, investment management, and tax planning and preparation, into North Carolina.
For more information, visit Cerity Partners’ website.
Megan E. Stamm, Christopher S. Connell, Dean V. Krishna, Linsay Sobers, Melanie L. Ronen, David P. Fitzgibbon, Katrina L. Berishaj, Avery Marz and Fabio Battaglia
Stradley Ronon Advises in Blue Owl Capital Merger Creating $18.6B BDC
Stradley Ronon represented the special committee to Blue Owl Capital Corp. III in a merger into Blue Owl Capital Corp., creating the second largest externally managed, publicly traded business development company (BDC) by total assets, with $18.6 billion of total assets at fair value and investments in 232 portfolio companies on a pro forma combined basis as of September 30, 2024. The combined company will operate as Blue Owl Capital Corp. The transaction closed January 13.
Blue Owl Capital Corp. is a specialty finance company focused on lending to U.S. middle-market companies.
Eric S. Purple, Nicole Simon, Alycia M. Vivona, Thomas L. Hanley, Dean V. Krishna, Geena Marzouca and Conor CourtneyStradley Ronon Represents XPYRIA in Merger with Cerity Partners
Stradley Ronon represented XPYRIA Investment Advisors, a Pittsburgh-based independent investment adviser, in a merger with Cerity Partners, a financial and wealth advisory firm serving high-net-worth individuals and their families and nonprofit organizations and foundations throughout the United States. The transaction will allow the firms to better serve their Pittsburgh-based clients with a full spectrum of wealth management and financial planning services.
Dean V. Krishna, Christopher S. Connell, David P. Fitzgibbon, Megan E. Stamm and Linsay SobersStradley Ronon Advises Wealth Legacy Institute in Merger with Cerity Partners
Stradley Ronon represented Denver-based Wealth Legacy Institute, a financial planning and investment management firm, in its merger with Cerity Partners, a financial and wealth advisory firm serving high-net-worth individuals and their families and nonprofit organizations and foundations throughout the United States.
Katrina L. Berishaj, Christopher S. Connell, David P. Fitzgibbon, Dean V. Krishna, Linsay Sobers and Megan E. StammStradley Ronon Advises Chatham Financial in EA Markets Acquisition
Our firm represented Chatham Financial, a global leader in financial risk management advisory and technology, in its acquisition of EA Markets, an independent financial advisory firm focused on the capital markets. The acquisition will reinforce Chatham’s position as a leader in derivatives, further its position in capital markets advisory and expand its capabilities in raising capital for its corporate and financial sponsor clients.
Christopher S. Connell, Dean V. Krishna, Alycia M. Vivona, Prufesh R. Modhera, Thomas L. Hanley, Megan E. Stamm and Linsay SobersLumina Completes Merger with Cerity Partners
Stradley Ronon represented Lumina Financial Consultants, a financial planning and wealth management services provider specifically focused on women and their families, in a merger with Cerity Partners. The firm will operate under the Cerity Partners name, and the partnership will allow the firm to expand its service offerings in the San Francisco Bay Area and develop a footprint in the Richmond, Virginia, metropolitan market.
Dean V. Krishna, Christopher S. Connell and Megan E. StammPacific Asset Management Acquired by Aristotle
Stradley Ronon represented Pacific Life Insurance Company with the sale of its third‐party credit asset management firm, Pacific Asset Management, LLC, which manages over $20 billion in assets, to Aristotle Capital Management, LLC. The transaction creates Aristotle Pacific Capital, LLC (Aristotle Pacific).
Katrina L. Berishaj, Peter Bogdasarian, Philip J. Foret, Thomas L. Hanley, Jason R. Jones, Dean V. Krishna, Mena Larmour, Jeremy M. Miller, Michael W. Mundt, Lawrence P. Stadulis and Megan E. StammBerkshire Asset Management Sells Minority Stake to iM Global Partner
Stradley Ronon represented Berkshire Asset Management (BAM), a Wilkes-Barre, PA-based RIA with $3.96 billion in AUM that specializes in dividend-focused equity portfolios in the sale of a minority stake to iM Global Partner, a leading global asset management network. BAM will join iM Global Partner’s extensive global asset management family and distribution network.
Dean V. Krishna, David W. Grim, Jeremy M. Miller, Katrina L. Berishaj, Peter Bogdasarian and Philip J. ForetMcGervey Wealth Management Acquired by Mariner Wealth Advisors
Stradley Ronon represented McGervey Wealth Management, a wealth management firm with approximately $105 million in AUM, in its sale to Mariner Wealth Advisors. The acquisition offers an expanded suite of service offerings for McGervey’s clients, positions the business for future growth and provides an opportunity to bolster its existing offerings.
Dean V. KrishnaUnion Square Capital Partners Acquires The Management of PREDEX
Stradley Ronon represented Union Square Capital Partners (USQ), a wholly-owned subsidiary of Chatham Financial Corp, in its acquisition of the management of PREDEX, a real estate focused interval fund with approximately $163 million in AUM. USQ is an investment management firm providing access to inventive strategies for real asset investing and this acquisition highlights the firm’s commitment to its asset management business.
Prufesh R. Modhera, Dean V. Krishna and Stephen LaChineO’Shares ETFs Completes Strategic Transaction With SS&C ALPS Advisors
Stradley Ronon represented O’Shares ETFs in a strategic transaction with SS&C ALPS Advisors, a wholly owned subsidiary of SS&C Technologies Holdings. The transaction provides for a long-term collaboration between the providers and reorganized the O’Shares ETFs, with approximately $1.5 billion in assets under management, into new series of ALPS ETFs. O’Shares will continue to provide marketing support and index licensing.
Michael D. Mabry, Shawn A. Hendricks and Michael W. MundtFIM Group Sold to Mercer Advisors
Stradley Ronon represented Financial & Investment Management Group, a registered investment advisory firm that manages $600 million, in its sale to Mercer Advisors, a total wealth management firm that provides fee-only comprehensive investment management and financial planning.
Alan P. GoldbergUMB Financial Sells Scout Investments in $172.5M Cash Deal
Stradley Ronon represented UMB Financial in completing the sale of its institutional investment management subsidiary, Scout Investments, to Carillon Tower Advisors, a unit of Raymond James Financial, for $172.5 million in cash. The transaction involved the reorganization of the Scout mutual fund family over to CTA/Raymond James. Scout Investments is based in Kansas City, Missouri, and Columbus, Indiana, and had $27.3 billion in assets under management as of Dec. 31, 2016.
Michael P. O'Hare, Thomas L. Hanley, J. Stephen Feinour Jr., Philip J. Foret, Jason R. Jones and Miranda L. SturgisLovell Minnick Partners Makes Majority Investment in CenterSquare Investment Management
Stradley Ronon represented Lovell Minnick Partners in its majority investment in CenterSquare Investment Management, a global investment manager with approximately $9 billion in assets under management in U.S. and global real estate and infrastructure investments, in connection with the acquisition by Lovell Minnick Partners and CenterSquare’s management of CenterSquare’s business from BNY Mellon Investment Management. Founded in 1999, Lovell Minnick Partners is an independent private equity firm specializing in the financial and business services sectors. Having raised $1.7 billion in committed capital, the firm has provided equity capital for growth investments, management buyouts, succession and ownership transitions, and recapitalizations for over 30 middle-market companies.
Christopher W. Rosenbleeth, Steven A. Scolari, Jason R. Jones and Claire OlivarPacific Life Sells Pacific Global Advisors Solutions Business to Goldman Sachs
Goldman Sachs Asset Management acquired Pacific Global Advisors solutions business with total assets under supervision of over $18 billion. Stradley Ronon’s corporate team represented Pacific Life in the sale.
Pacific Global Advisors is a New York City-based advisor providing customized investment and risk management solutions as well as implementation services for institutional clients, predominately large pension plans. Pacific Global Advisors began in 2005 within J.P. Morgan's investment bank. It was acquired in 2011 by Pacific Life, a prominent insurance company with over 145 years of history.
Lawrence P. Stadulis and Thomas L. Hanley
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