Advising BlackRock on Strategic M&A and Investments, and Alternative Investment Transactions

Kramer Levin continues to advise longtime client BlackRock Inc. in strategic M&A and investments, as well as in alternative investment transactions executed on behalf of BlackRock’s clients. On the strategic M&A and investment front, we recently advised BlackRock in the following transactions:

• The acquisition of FutureAdvisor, a robo-adviser based in Silicon Valley
• The investment in Scalable, a robo-adviser based in the United Kingdom and Germany
• The acquisition of Cachematrix, a leading provider of financial technology that simplifies the cash management process for banks and their corporate clients
• The investment in iCapital, a financial technology platform that provides access to alternative investments for high-net-worth investors and their financial advisers
• A transaction with Bank of America’s asset management business, BofA Global Capital Management, to transfer investment management responsibilities of approximately $87 billion of assets managed by BofA to BlackRock

In addition, Kramer Levin represents BlackRock in structuring and documenting innovative investment transactions on behalf of its clients. In this area, Kramer Levin is called on to employ a seamless, multidisciplinary approach to transactions that run the gamut in terms of structure and asset classes.

In representing BlackRock in its strategic M&A and investments and alternative investment transactions, our attorneys draw on diverse disciplines to assist the company in better serving its clients. In doing so, we are fortunate to have built a long-term partnership with one of the most storied players in financial services.