Schulte Advises ArrowMark Partners in Acquisition of StoneCastle Asset Management

Schulte represented ArrowMark Partners in a definitive agreement to acquire the platform and assets of StoneCastle Asset Management LLC, through its subsidiary, StoneCastle-ArrowMark Asset Management LLC. The acquisition will maximize the strengths of ArrowMark’s credit investment management business and StoneCastle’s bank sector investment platform. The deal was announced on Dec. 9, 2019 and closed on Feb. 12, 2020.

The Schulte team advising ArrowMark Partners is led by M&A and securities special counsel Lawrence Natke. The team also includes tax partner Shlomo Twerski; finance of counsel Ronald Risdon; intellectual property, sourcing & technology special counsel Scott Kareff; litigation associate Robert Griffin; investment management associates Noah Aschen, Yehuda Ness and Christopher Avellaneda; and former Schulte lawyers John Garces and Karen Spiegel.