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Latham & Watkins Advises Azimut in Strategic Investment in Sanctuary Wealth

November 2, 2020
A cross-border deal team led from New York and Milan is advising one of Europe’s largest independent asset managers.

Azimut Group (Azimut or the Group), one of Europe's largest independent asset managers, has signed an agreement to make a significant equity investment in Sanctuary Wealth. Azimut, headquartered in Milan, Italy, is a publicly traded, global, independent investment manager with US$67 billion in assets under management.

Latham & Watkins LLP represents Azimut in the transaction with a corporate deal team led by New York partner Alex Kelly and Milan partner Antonio Coletti, with associates Owen Alexander and Vi Thai Tran. Advice was also provided on tax matters by New York partner Matthew Dewitz, with associate Shruti Hazra; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associate Nikhil Kumar; on intellectual property matters by New York counsel Carrie Girgenti, with associate Max Miroff; and on regulatory matters by New York partner Stephen Wink, Chicago partners Nabil Sabki and John Sikora, and Chicago counsel Laura Ferrell, with associates Naim Culhaci, Jackie Rugart, and Daniel Filstrup.