On September 15, 2021, iM Global Partner, a leading global asset management network, announced that it has expanded its US-based product offering by acquiring a strategic non-controlling stake of 42% in Asset Preservation Advisors (APA), a leading independent investment advisor specializing in managing high quality tax-exempt and taxable municipal bond portfolios for registered investment advisors, family wealth offices, financial advisors and institutional clients. Seward & Kissel is pleased to have represented iM Global Partner in connection with this investment management industry transaction.

Paris-based iM Global Partner is present in 16 locations across Europe and the United States and provides its clients with access to the best management strategies of its Partners. Atlanta-based Asset Preservation Advisors currently manages $4.8 billion for clients in 35 states and in Europe and is committed to delivering the highest level of service quality and wealth preservation.

Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel “advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping.”

The company’s press release describing this transaction is available here.