Macfarlanes advises Affirmative Investment Management on investment from Sumitomo Mitsui and strategic partnership in Japan

17 July 2020

Macfarlanes has advised asset manager Affirmative Investment Management (AIM) on an investment from Japan’s second largest lender Sumitomo Mitsui Financial Group (SMFG).

AIM specialises in managing fixed-income portfolios with a particular focus on ESG-friendly bonds. The deal will see AIM establish a strategic partnership with SMFG in Japan going forward, with Tokyo-listed SMFG set to provide an initial investment this year, with scope for further capital injections in the coming years subject to AIM’s performance. 

The Macfarlanes team for this matter was led by corporate and M&A partner Luke Powell and senior counsel Tim Redman, with support from solicitor James Wilkes. Tax expertise was provided by partner Jeremy Moncrieff and solicitor George Apps.

Stephen Fitzgerald, Managing Partner of AIM, comments: “We are delighted to have worked with Macfarlanes on this transaction. The entire team did a terrific job and helped us navigate every complexity. It was great to have them by our side and I would be very happy to recommend them to others.”