Firm News
SRZ Represents Numeus Group and Forteus in Minority Stake Acquisition by Schroders
August 3, 2022
Schulte Roth & Zabel represented Numeus Group, a diversified digital asset investment firm, and Forteus, Numeus's asset management division, in the acquisition of a minority stake in Forteus by Schroders. Forteus focuses on blockchain technology and digital assets and offers a range of digital asset investment strategies, including customized portfolios of external managers, yield generation and actively managed thematic portfolios. With its investment in Forteus, Schroders expects to continue its ongoing education and research in the digital assets sector, also developing investment solutions for clients.
SRZ's team was led by partners Stephanie Breslow and Larry Natke and associate Jacob Shulman.
The complete team includes partners Marc Elovitz, Joseph Reich and David Wermuth; special counsel Michael Brown; and associates Mario Kranjac and Blake Purdy.