Natixis Investment Managers Acquires Minority Stake in WCM Investment Management
Ropes & Gray advised Natixis Investment Managers in its acquisition of a minority stake in WCM Investment Management. Under the terms of the agreement, Natixis will acquire a 24.9% stake in WCM and enter into a long-term exclusive distribution agreement, subject to limited exclusions. The transaction, announced on July 11, is expected to close in the second half of 2018, subject to customary closing conditions and regulatory approvals.
WCM Investment Management offer innovative, equity investment management services for a variety of clients, including corporations, individuals, public and private funds through a variety of vehicles, including separate accounts, mutual funds and limited partnerships.
The Ropes & Gray team was led by private equity partner Paul Van Houten and private equity counsel Michael Gilbert.