Ropes & Gray Advises Tourmaline Partners in its Sale to Copley Equity Partners
Ropes & Gray advised Tourmaline Partners, one of the world’s leading outsourced trading solutions firms, in its sale of a majority interest to Copley Equity Partners. Terms of the transaction were not disclosed. The press release is here.
Tourmaline Partners, headquartered in Stamford, Connecticut with additional offices in London and Sydney, provides tailor‐made services to more than 300 institutional investor clients including hedge funds and asset managers of all sizes. Copley Equity Partners is a private investment firm that focuses on established businesses with significant growth prospects.
The Ropes & Gray team that represented Tourmaline Partners was led by mergers & acquisitions partner Michael Littenberg, mergers & acquisitions associate Sarah Young, tax partner Benjamin Rogers, asset management partner Brynn Rail and employment, executive compensation & benefits partner Joshua Lichtenstein.