 |
Reevemark is handling the proxy fight launched by mutual fund manager Friess Associates against Affiliated Managers Group, which has invested $716B in assets.
The contest follows AMG’s decision to fire Friess, which has managed the Brandywine Funds on AMG’s platform since 2013.
Friess filed preliminary proxy materials with the Securities and Exchange Commission on April 22, laying “the groundwork for a fight in the normally staid mutual fund industry,” according to Reuters.
The fight pits publicly traded AMG, which has a market valuation of $6.5B, against Friess, a 50-year old investment firm that specializes in fast-growing US stocks.
The Brandywine funds have generated an 11 percent annualized return since inception 35 years ago.
Reevemark has Hugh Burns, Paul Caminiti, Nicholas Leasure and Jusin New repping Friess.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
