Sidley is representing Azimut Group, one of Europe’s largest independent asset managers, in connection with its agreement to acquire North Square Investments, LLC (NSI), a multi-boutique asset management and distribution platform.
As part of the transaction, Azimut will also contribute its 51% stake in Kennedy Capital Management (KCM), which manages US$4.5 billion in assets and has an existing sub-advisory agreement with NSI, leading to the creation of an integrated platform that will be renamed Azimut NSI.
The Sidley team is being led by Joseph Schwartz (Investment Funds) and Ayo K. Badejo (M&A), and includes David L. Zhao, Sam Hulsey, and Cici Zhao (M&A and Private Equity); Matthew J. Kutner and Zani Doumbia (Investment Funds); Ram Burshtine and Natan Skinner (Global Finance); Eric Wolf and Laura Lee (Employee Benefits and Executive Compensation); Rebecca Stuart and Allison Ivey Toth (Labor and Employment); Scott Pollock (Tax); Colleen Brown, and Ben Cross (Privacy and Cybersecurity); Beatriz Azcuy and Connor Evans (Real Estate); Scott Goldstein (Insurance); and Jen Greenberg (Capital Markets).
