Represented London-based alternative fund manager Marshall Wace LLP in connection with its acquisition of a 90% interest in New York-based investment manager Eaglewood Capital Management, which invests in peer-to-peer loans.
In April 2014, London-based alternative fund manager Marshall Wace LLP acquired a 90% interest in New York-based asset manager Eaglewood Capital Management. Eaglewood invests in peer-to-peer loans, and the firm now intends to raise about £200 million for a dedicated peer-to-peer investment trust on the London Stock Exchange. A Seward & Kissel team led by partners Jim Abbott, Craig Sklar, Anne Patin and Jonathan Brose represented Marshall Wace as U.S. counsel in connection with this transaction, working in coordination with London alliance partner Simmons & Simmons.