iM Global Acquires Minority Interest in Trinity Street


May 6, 2024

On April 22, 2024, Seward & Kissel client iM Global Partner announced its acquisition of a minority stake in Trinity Street Asset Management LLP.

iM Global Partner (“iM Global”) acquired a non-controlling minority stake in Trinity Street Asset Management LLP (“Trinity Street”). Trinity Street’s management will continue to hold most of the firm’s equity and will operate the firm independently. The transaction is subject to FCA approval.

iM Global, based in Paris, is a worldwide asset management network focused on acquiring strategic investments in traditional and alternative investment firms in the U.S., Europe, and Asia. As of February 2024, iM Global had $40 billion in assets under management. Seward & Kissel served as US counsel to iM Global in connection with the investment, with a team that included Partners Jim Abbott and Anne Patin, Counsel Casey Jennings, Mike O’Brien, Beth Alter and Lance King, and Associates Eric Buchanan, Grace Dahlstrom, Sean Flynn and Elyse Moy.

Trinity Street, based in London, is a specialist independent investment firm managing active global and international equity portfolios. As of March 2024, Trinity Street had $8.6 billion in assets under management.

To read the press release: please click here.

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