iM Global Partner Partnering With Richard Bernstein Advisors


July 29, 2021

On July 28, 2021, iM Global Partner announced its acquisition of a 45% non-controlling stake in Richard Bernstein Advisors (RBA). Seward & Kissel was pleased to represent iM Global Partner in this investment management industry transaction.

iM Global Partner is a worldwide asset management network representing around $35 billion of assets under management. It selects and builds long-term partnerships with talented and independent asset management companies through direct capital ownership. New York-based RBA is an independent registered investment manager with $14.6 billion in AUM and AUA. RBA manages ETF asset allocation SMA portfolios at a number of major RIA platforms, acts as subadvisor to two Eaton Vance-sponsored mutual funds, manages theme-oriented unit trusts and ETFs, and manages assets for other large institutional investors.

Seward & Kissel LLP ( is a New York law firm, originally established in 1890, with an international reputation for excellence. 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” and “also handles complex middle-market deals in the media industry and international sell-side M&A.“

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

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.