Latham & Watkins has advised Ares Management Corporation, a leading global alternative investment manager, on its agreement to acquire a minority stake in BlueCove Limited, the London-based scientific fixed income manager, with the option for Ares to acquire control of the business over a multi-year term.
BlueCove is an institutional scientific fixed income asset manager with US$1.8 billion of assets under management, as of February 28, 2023. It brings together market-leading fixed income industry investment, engineering, and business infrastructure professionals, with the specific purpose of researching and developing state-of-the-art scientific investment processes applicable to fixed income investment management.
The Latham team was led by London corporate partner David Walker with associates Michael Houlder and John Slater.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.