Ropes & Gray Represents Manulife in its Acquisition of a Stake in ARCH Capital
Ropes & Gray represented Manulife Investment Management in its acquisition of a significant minority equity position in ARCH Capital. Their agreement to form a strategic partnership was announced on Feb. 14.
Headquartered in Toronto, Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. ARCH Capital is a real estate private equity investment manager specializing in opportunistic, value-add and core/core-plus strategies across major markets in Asia Pacific including Greater China, Southeast Asia and Australia.
The partnership aims to offer investors a comprehensive product suite across various strategies with broadened scale and presence. On a combined basis, the partnership’s total AUM exceeds US$5 billion across 12 markets in Asia with on-the-ground presence, supported by over 60 investment and management professionals.
The Ropes & Gray cross-practice team of lawyers from our Asia and US offices was led by private equity partner Oliver Nip and included litigation & enforcement partner Geoff Atkins, asset management partners Vincent Ip, Jason E. Brown, Debra K. Lussier and Nicole Krea, tax partner Elaine Murphy, asset management counsel Alyssa R. Horton, associates Jonathan Yan, Shan Huang, Sharon Shi, Lily Li, Angela Liu, Carissa Yuk.