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.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
