Maples Group Assists Neuberger Berman on its Acquisition of McKinsey’s US$26bn In-House Advisory Business
Maples and Calder, the Maples Group’s law firm, is pleased to have assisted Neuberger Berman Group LLC (“Neuberger”), the global independent investment manager, on its acquisition of MIO Partners Inc. (“MIO”), a subsidiary of McKinsey & Company (“McKinsey”).
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MIO is a global investment and wealth manager serving McKinsey’s partners, employees and alumni that has US$26 billion in assets under management, including approximately US$20 billion in alternative investment strategies.
A multi-jurisdictional team of lawyers supported Neuberger with the Cayman Islands, Irish and Luxembourg legal and regulatory aspects arising from this acquisition. This team was led by Partners, Ian Conlon (Dublin), Tim Coak (Cayman Islands) and Johan Terblanche (Luxembourg) and included Partners Alex Howard (Cayman Islands), Philip Keegan (Dublin) and Michelle Barry (Luxembourg).