The world’s largest and most sophisticated asset management firms regularly turn to Paul, Weiss’s Asset Management M&A Group for their most complex and pivotal transactions. Drawing on our premier M&A and investment funds teams, we seamlessly execute transformational mergers, acquisitions, GP stakes transactions, minority investments and strategic partnerships.
AMG to Acquire Minority Interest in Verition
- Client News
- April 21, 2025
Paul, Weiss is advising AMG, a strategic partner to leading independent investment management firms globally, in its acquisition of a minority equity interest in Verition Fund Management LLC, a global multi-strategy investment firm with $12.6 billion in assets under management. Under the terms of the transaction, Verition’s management will retain a substantial majority of the firm’s equity, continue to lead the organization and maintain full control of day-to-day operations. Financial terms of the transaction, expected to close in the second quarter of 2025, were not disclosed.
The Paul, Weiss team is led by corporate partners David Hepp and Matthew Collin, and includes partners Reva Raghavan, Aaron Schlaphoff, Bradley Brown, Nicholas Olson and Jennifer Songer and counsel Arik Hirschfeld; tax partner Lindsay Parks; litigation partner Richard Tarlowe and counsel Audrey Paquet; intellectual property partner Jonathan Ashtor; and executive compensation partner Lawrence Witdorchic and counsel Jake Glazeski.