A Matheson team led by Caroline Kearns, partner in Matheson’s Financial Institutions Group, senior associate Dónal Feehan and associate Laura Hughes, have advised Carne Group, Europe’s foremost third-party management company and a leader in regulation and governance solutions for the funds industry, on its acquisition from global asset management firm, GAM Group, of its third-party fund management services businesses in Switzerland and Luxembourg, which completed on 1 February 2024.
This acquisition contributes to Carne’s continued high growth trajectory, enhances its existing position in Luxembourg, and establishes new market capabilities in Switzerland, one of the world’s largest financial centres. The transaction demonstrates Carne’s strategy to be the leading partner in regulation and governance solutions for the funds industry.