Jamieson is pleased to announce that it has advised the management team of Calastone, the largest global funds network, on its sale of a majority stake to The Carlyle Group. The transaction is subject to regulatory approval and financial terms of the transaction are not disclosed.
Founded in 2007, Calastone has grown to become the largest global funds network and has transformed the mutual funds sector through its innovative use of technology and network interoperability. Today, the company serves over 2,300 clients in 43 countries and territories processing £200 billion of investment value each month.
“We are extremely grateful for the support and expertise Stuart and David brought to the process. Their experience of working opposite Carlyle was crucial to help us agree the MIP in short order”
Julien Hammerson, CEO
The Jamieson team of Stuart Coventry, David Kirkpatrick and Rowan Wright advised the Calastone management team on their reinvestment in the new structure, the terms of the new management equity incentive and assisted in producing the funds flow.