Transactions
Timeline of Advisory Transactions
GRAIL TRANSACTIONS
JUL 11
Advised Pacific Life in its acquisition of JP Morgan’s Pension Advisory Group
JUN 11
Advised ING Clarion Partners in its management-led leveraged buyout from ING Group
DEC 10
Advised National Retirement Partners, the largest retirement accounts focused broker dealer, in its sale to LPL Financial
NOV 10
Advised S3 Partners in its formation of a joint venture with Pershing LLC
JUL 10
National Retirement Partners sale of certain assets to LPL Financial
JUL 10
Lowe Enterprises sale of an interest in Lowe Enterprises Investors to The Guardian Life Insurance Company of America (AUM $1.5 B)
DEC 08
Perkins, Wolf, McDonnell and Company sale of a 50% interest to Janus Capital Group
(AUM $10 B)
APR 08
Management of a top 10 asset management organization implemented a significant long-term equity ownership plan in coordination with its institutional owner
OCT 07
Buchanan Street Partners sale of a majority interest to TCW (AUM $1.3 B)
JUL 07
Recapitalization of Offit Hall Capital (AUM $20.3 B)
APR 07
State Street acquisition of Palmeri Fund Administrators (AUM $32 B)
MAR 07
LPL Financial Services acquisition of Pacific Life Co.'s Broker-Dealers (2,200 advisors)
DEC 06
Munder Capital Management teams with Crestview and Grail for MBO (AUM $25 B)
DEC 06
Legg Mason divested its Puerto Rico mutual fund family to Santander Asset Management
OCT 06
Sale of FrontPoint Partners (AUM $5.5 B) to Morgan Stanley
JUN 06
Bank of Ireland Group's strategic partnership with Paul Capital Partners
MAY 06
Sale of a 65% interest in RS Investments (AUM $12 B) to Guardian Insurance
JUN 05
GMO's strategic sub-advisory relationship with John Hancock (AUM $8 B)
JUN 05
Legg Mason's integration of its purchase of Citigroup Asset Management (AUM $437 B)
SELECT PRE-GRAIL TRANSACTIONS*
NOV 04
Sale of a minority interest in AQR Capital Management (AUM $12 B) to Affiliated Managers Group, Inc.
MAY 04
Recapitalization of Numeric Investors (AUM $8 B) by TA Associates
SEP 01
Deutsche Bank acquisition of Zurich Scudder Investments (AUM $278 B)
JUN 01
Royal Bank of Canada's sale of RT Capital Management (AUM $20 B) to UBS AG
JUN 01
Sale of Symphony Asset Management (AUM $4 B) to Nuveen Investments
AUG 00
Sale of Glenwood Capital Investments (AUM $2 B) to Man Group
APR 00
Chase Manhattan acquisition of Robert Fleming Holdings (AUM $99 B)
NOV 99
Allianz Group purchase of PIMCO Advisors LP (AUM $256 B)
SEP 99
Sale of Global Asset Management (AUM $14 B) to UBS AG
OCT 98
AXA Investment Managers acquisition of Barr Rosenberg Investment Management
JAN 98
AMVESCAP purchase of LGT Asset Management (AUM $55 B)
JUN 95
Sale of Miller, Anderson & Sherrerd (AUM $33 B) to Morgan Stanley
FEB 94
Formation of PIMCO Advisors LP master limited partnership (AUM $58 B)
MAR 93
Sale of The New England Companies (AUM $51 B) to Reich & Tang
* The advisory transactions represent a select list of Putnam Lovell NBF's and Grail Partners LLC's' transactions. Donald H. Putnam, Managing Partner of Grail Partners, was co-founder and CEO of Putnam Lovell NBF from 1987 through 2005.
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