On September 14, 2023, Ironbark Asset Management and Invest Blue announced plans to merge.
Ironbark Asset Management (“Ironbark”) and Invest Blue announced their merger that will result in over 35 office locations around Australia, 500+ employees, and over $64 billion in combined assets under management. Further deal terms were not disclosed.
Invest Blue, based in Australia, provides wealth, estate and tax planning. Invest Blue has approximately $14 billion in assets under management.
Ironbark, based in Australia, provides investment solutions for institutional and retail clients throughout Australia. Ironbark had approximately $50 billion in assets under management and trusteeship, as of June 30, 2023. Berkshire Global Advisors exclusively advised Ironbark on the transaction.
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