Ropes & Gray Closes Acquisition for Mitsubishi UFJ Fund Services
Ropes & Gray advised Mitsubishi UFJ Fund Services, part of Mitsubishi UFJ Financial Group (MUFG), on its acquisition of Meridian Fund Services Group. The acquisition of Meridian, with $14 billion in assets under administration, raises MUFG’s fund services assets under administration to $165 billion. The deal was announced March 19 and closed on May 27.
Private equity partner Neill Jakobe (Chicago) led the deal team from Ropes & Gray, which included tax partner Elaine Murphy (Boston), tax associate Sara Clevering (Boston) and IP transactions associate Michael Kurzer (New York).