|iM Global Partner announced its acquisition of a 40% minority interest in Scharf Investments. Seward & Kissel was pleased to represent iM Global Partner in this investment management industry transaction.
iM Global Partner is an innovative global multi-boutique platform based in Paris, London and Philadelphia that partners with asset managers to accelerate their business growth, including through worldwide and multi-channel distribution. California-based investment firm Scharf was founded in 1983 and has $3.4 billion of assets under management. Scharf provides value investment strategies to individuals, family offices, corporations, endowments and foundations.
Seward & Kissel LLP is a New York law firm, originally established in 1890, with an international reputation for excellence. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel “advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping” and “also handles complex middle-market deals in the media industry and international sell-side M&A.”
The company’s press release describing this transaction can be viewed by clicking here.
Seward & Kissel Advises iM Global Partner on its Investment in Scharf Investments
April 22, 2019
James E. Abbott
James C. Cofer
Michael E. O’Brien