Global Legal Chronicle | CI Financial Corp.’s Acquisition of Corient Capital Partners

Alston & Bird client Corient Capital Partners LLC, a California-based wealth management firm, has entered into a definitive agreement to be acquired by CI Financial Corp., an independent company offering global asset management and wealth management advisory services.

Alston & Bird represented Pathstone, a New Jersey-based wealth management advisor, in its new strategic private equity investment from Kelso & Company and its additional private equity investment from Lovell Minnick Partners (LMP).

Alston & Bird client Beacon Pointe LLC, parent company of Beacon Pointe Advisors LLC, has entered into a definitive agreement with global investment firm KKR under which it will receive an investment to help continue the company’s national expansion through new office openings and acquisitions.

Alston & Bird client WestEnd Advisors LLC, an independent institutional asset management firm, has entered into a definitive agreement to be acquired 100% by global asset management company Victory Capital Holdings Inc.

Alston & Bird client Bank First Corporation, the holding company for Bank First N.A., has announced a definitive agreement to acquire Denmark Bancshares Inc., parent company of Denmark State Bank, in a deal valued at approximately $119 million.