August 8, 2016 (LOS ANGELES) – Proskauer represented Analytic Investors LLC and its management team in the sale of the company to Wells Fargo Asset Management (WFAM). Analytic Investors will become part of WFAM, Wells Fargo’s global asset management division, which has $481 billion in assets under management. The transaction is expected to close by October 1, 2016.
Headquartered in Los Angeles, Analytic Investors is an investment firm with $15 billion in assets under management. It offers a variety of quantitatively-based equity investment solutions, including risk reduction, relative benchmark and absolute return strategies to institutional clients around the world.
The Proskauer team was led by partner Tom Dollinger, and included associates Christopher Wu and Cody Weiss (M&A); partners Michael Fernhoff and Mitchell Gaswirth (Tax); partner Colleen Hart and associate Bali Kumar (Employee Benefits & Executive Compensation); and partner Michael Suppappola and special regulatory counsel Anthony Drenzek (Private Investment Funds).