Kirkland Advises Wilshire on Acquisition of Lyxor Asset Management
Kirkland & Ellis is advising financial services firm Wilshire on the proposed acquisition of U.S.-based investment advisor Lyxor Asset Management Inc. from European asset manager Amundi. The acquisition will allow Wilshire to become a leading provider of hedge fund managed accounts and enhance its alternative investment offering. Wilshire advises on more than $1.3 trillion in assets and manages $88 billion in assets. Lyxor has $20.8 billion in assets under management. The transaction is expected to close in the fourth quarter, subject to customary closing conditions.
Read the transaction press release
The Kirkland team is being led by corporate partners Lauren Colasacco and April Larkin and associate Molly Kaleya; tax partner Benjamin Schreiner; investment funds regulatory partners Matt Cohen and Tim Nolan; executive compensation partners Anthony Ji and David Branham; and technology & IP transactions partner Adam Petravicius and associate Donovan Suh.