Macfarlanes advises Ares Management on providing financing to Titan Wealth Holdings

Macfarlanes has advised global alternative investment manager Ares Management on its provision of financing to asset management business Titan Wealth Holdings in order to finance the acquisitions of two leading investment and wealth management businesses Global Prime Partners Limited and Tavistock Wealth Limited.

Titan Wealth Holdings provides a broad range of services to investment managers and the acquisitions are part of its strategy to bring a new proposition to the wealth and asset management sector.

The acquisitions are expected to complete in Q2 2021, subject to regulatory approval, and after which Titan Wealth Holdings will have assets under management of £3bn.

The Macfarlanes team was led by finance partner Andrew Perkins with assistance from senior counsel Adam Caines and solicitor Yagmur Yarar. Corporate and M&A advice came from senior consultant Will David, with tax expertise provided by tax and reward solicitor Sarah Ling.

Andrew Perkins comments: “We are very pleased to support Ares Management on this complex financing which helps create the Titan Wealth platform. We look forward to supporting Ares and Titan Wealth in their growth strategy.”