Willkie Advises Victory Capital Management in Acquisition of Munder Capital Management

April 18, 2014

New independent investment advisory firm will have over $37 billion of assets under management and a diversified lineup of investment offerings.

On April 16, Willkie client Victory Capital Management Inc. announced that it has entered into an agreement to acquire Munder Capital management. The deal combines two strong Midwest-based investment management firms with multi-boutique business models. The new independent investment advisory firm, which will be headquartered in Cleveland, Ohio, will have over $37 billion of assets under management and a diversified lineup of investment offerings.

With 140 employees in offices in Cleveland, New York, Cincinnati, Denver and Tampa, Victory provides investment advisory services to institutional clients including corporations, non-profits, public funds, Taft-Hartley and sub-advisory clients. Munder is an institutional investment management firm providing highly disciplined domestic and international equity, as well as fixed income investment solutions.

The deal was handled by partners David Boston, Jeffrey Goldfarb, Jordan Messinger, Christopher Peters and James Silk; special counsel Ajanaclair Lynch and associates Danielle Scalzo, Evan Goodman, Marc Foster, Gerri Anne McEvoy and DJ Stauber.