Dechert advises Generali on the acquisition of a majority stake in the Sycomore Asset Management Group
Dechert LLP advised Generali, one of the world’s leading insurers, on the acquisition of a majority stake in Sycomore Factory SAS, the controlling company of Sycomore Asset Management SA, pioneer in the ESG/SRI sector in Europe, with the aim of developing a strategic partnership.
This acquisition, which took place after obtaining several regulatory and merger control clearances, is a new milestone in the execution of Generali's multi-boutique strategy in asset management. By partnering with Sycomore, the reference player for ESG/SRI investment solutions in France, Generali will be able to enrich its offering with innovative investment solutions, and to strengthen its focus and capabilities on sustainability and responsible investments for clients.
At the same time, the support of a large global group will accelerate Sycomore’s international expansion, and foster the development of tailored offerings towards retail and institutional clients.
The cross-border Dechert team was led in Munich by partner Angelo Lercara, in London by Jonathan Angell and in Paris by Charles Cardon. In Paris, the team consisted of:
- On corporate aspects: Charles Cardon with Anne-Sophie Gallot, Pierre-Henri Brieau and Claire Tanguy
- On tax aspects: Sabina Comis with Etienne Bimbeau
- On intellectual property aspects: Marie Fillon with Louis de Chezelles
- On merger control aspects: Mélanie Thill-Tayara and Laurence Bary with Sophie Mitouard
- On financial services aspects: Antoine Sarailler with Antoine Pian
- On employment aspects: Philippe Thomas with Thibault Meiers
About Dechert
Dechert is a leading global law firm with 27 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.