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29 June 20232 minute read

DLA Piper advises Landmark Management on sale of minority interest to Rosemont Investment Group

DLA Piper advised Landmark Management, LLC (Landmark), a multi-family office with more than US$4 billion in assets under management, on the sale of a minority equity investment to Rosemont Investment Group, a specialist institutional investor in employee-owned asset and wealth management firms.

Rosemont focuses exclusively on a select number of partnerships with high-quality, employee-owned asset and wealth management companies. As a minority investor in Landmark, Rosemont will contribute financial and governance support as both the company and its clients navigate generational transition in the years and decades ahead.

“It was a pleasure to advise Landmark on their minority equity sale to Rosemont, a respected institutional investor whose long-term vision and industry knowledge meshes well with Landmark’s strategic planning goals,” said John Reiss, the New York-based DLA Piper partner who has worked with Landmark and its founders, Trip and Allyson Samson, for many years.

In addition to Reiss, the DLA Piper deal team that advised Landmark was led by partner Ilya Bubel (New York) and associate Peter Phillips (New York), and also included associate Christine Korper (Chicago), a tax team including partners Kurtis Weaver (Boston), Gerry Rokoff and Naftali Dembitzer (both in New York), tax associate Molly McBride (Boston), and multiple other attorneys from various practice groups, including employment, intellectual property, data protection, privacy and cybersecurity.

DLA Piper’s global investment funds practice advises on all types of investment management matters, with extensive experience across sectors including credit and real estate, private equity and infrastructure, hedge funds, venture capital and structured products, as well as strategic and corporate transactions involving investment management firms and their executive teams.