Allianz Global Investors Announces Acquisition of Sound Harbor PartnersDecember 1, 2016
S&C is representing Allianz Global Investors in its acquisition of the business of Sound Harbor Partners for an undisclosed sum along with the Sound Harbor principals and other employees joining AllianzGI. The transaction is expected to close in early 2017.
Allianz Global Investors, a subsidiary of Allianz SE, is a diversified active investment manager with 25 offices worldwide and more than €481 billion in assets under management. Sound Harbor is a New York-based alternative investment firm that provides private credit to U.S. companies.
The S&C team on the transaction is led by William Torchiana, Mark Menting and Whitney Chatterjee, along with Roderick Gilman, Megan O'Flynn, Kaitlyn Suydam and So Yeon Kim. David Spitzer and Eric Lopata are advising on tax matters, and Heather Coleman and Amanda Toy are advising on executive compensation and benefits matters.