Latham Advises Ares Management in Acquisition of BlueCove

Latham & Watkins has advised Ares Management Corporation, a leading global alternative investment manager, on the acquisition of the entire outstanding share capital of BlueCove, a London-based systematic fixed income manager. 

Through its proprietary technology and varied product offering, BlueCove invests in high-yield, corporate investment grade, convertible bonds, and other liquid credit instruments. Since Ares first partnered with BlueCove through a minority stake acquisition in 2023, which Latham also advised on, assets under management have grown from US$1.8 billion to approximately US$5.5 billion, as of September 30, 2025.

The Latham team was led by London partner David Walker, with associates Michael Houlder and John Slater. Advice was also provided on funds matters by London partner James McCrory, with associates Richard Brown, Michael Arnold, and Hena Rupal; on UK financial regulatory matters by London partner Nicola Higgs, with associates Jonathan Ritson-Candler, Ella McGinn, and Jaime Martin; on US financial regulatory matters by Jamie Lynn Walter, with associate Haley Hohensee; on ESG matters by New York partner Betty Huber, with counsel Anne Mainwaring and associate Catherine Willis; on employment and benefits matters by London partner Sarah Gadd, with associate Charlie Bowden; on IP, data protection, and commercial contracts matters by London partner Fiona Maclean, with associates Lorenzo Meusburger and Dal Lim; on UK tax matters by London partner Simon Skinner, with associate Mimi Kyprianou; on US tax matters by Los Angeles partner Pardis Zomorodi; on antitrust matters by Brussels partner David Little, with associate James Mathieson; on anti-bribery and corruption matters by London partner Clare Nida, with associate Matthew Unsworth; and on sanctions matters by London partner Charles Claypoole.