Ropes & Gray acted as special counsel to TCW ETF Trust (the “Trust”) in connection with the conversion of two mutual funds into new series of the Trust. The conversions of TCW Artificial Intelligence Equity Fund and TCW New America Premier Equities Fund, each a series of TCW Funds, Inc., into TCW Artificial Intelligence ETF and TCW Compounders ETF, respectively, each a series of the Trust, closed on May 6 and were announced in a press release.
The conversions expand The TCW Group’s suite of actively-managed exchange-traded funds and follow its recent acquisition of Engine No. 1’s ETF business in October 2023. Ropes & Gray represented Engine No. 1’s ETF business on its sale to TCW.
The team was led by asset management partner Brian McCabe and included asset management counsel Yana Guss and asset management associates Keith MacLeod, Ali Olia, Nathan McGuire and Kelsey Barrett.
