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Vedder Thinking | News Vedder Price Represents Perpetual Limited in Acquisition of Trillium Asset Management Group

Press Release

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Vedder Price’s client, Perpetual Limited (Perpetual), announced yesterday the closing of its acquisition of Trillium Asset Management Group, LLC (Trillium).

The acquisition brings together two highly respected investment management businesses. Perpetual will leverage its strong brand and distribution capabilities to assist in bringing Trillium's environmental, social and governance (ESG)-focused products to a broader investor base in Australia and intends to expand into new markets across Asia Pacific, the Middle East and Europe. Perpetual has commenced the build-out of an experienced and scalable distribution team in the United States to accelerate Trillium's growth.

Adam S. Lewis and Julia L. Brook (Finance & Transactions), and Nathaniel Segal and Joseph M. Mannon (Investment Services) led the team from Vedder Price. Also providing key input on the deal were Philip L. Mowery (Employee Benefits), Andrew Falevich (Tax), Cara J. Ottenweller (Labor & Employment), Adam S. Goldman (Investment Adviser and Adviser Employment Matters) and Michael J. Turgeon (Intellectual Property). Other contributors included Gregory G. Wrobel (Regulatory Input), Brian K. McCalmon (Regulatory Input) and Thomas H. Petrides (CA Employment Matters).

“We are proud of our partnership with Perpetual and the work our cross-disciplinary deal team put forth in assisting with this transaction,” said Mr. Segal. “Sustainable investing is one of the fastest-growing areas in money management today, and we’re excited to be a part of Perpetual’s growth in ESG investing through this acquisition and beyond.”

Perpetual, founded in 1886 and one of Australia’s largest wealth managers, is a diversified financial services company providing specialized investment management, wealth advice and corporate fiduciary services. Trillium was founded in 1982 and is among the oldest investment advisory firms exclusively focused on ESG investing.



Professionals



Julia L. Brook

Associate



Andrew Falevich

Shareholder



Adam S. Goldman

Associate



Adam S. Lewis

Shareholder



Joseph M. Mannon

Shareholder



Brian K. McCalmon

Shareholder



Philip L. Mowery

Shareholder



Cara J. Ottenweller

Shareholder



Thomas H. Petrides

Shareholder



Nathaniel Segal

Counsel



Michael J. Turgeon

Shareholder



Gregory G. Wrobel

Shareholder