Transactions


has been acquired by

has been acquired by

Financial Advisor to Constellation Financial Management Company, FEP Holdings and its affiliates

July 2003

Freeman & Co. Acted as Financial Advisor to Constellation Financial Management Company, FEP Holdings and its affiliates
Date
July 2003
Industry
Asset Management, Financial Technology
Transaction
Sell-Side M&A

July 2003 - Société Générale agreed to purchase from Keystone, Inc. (an affiliate of Robert M. Bass) JP Morgan Partners and Bank One Capital the financial assets and technology of FEP Holdings, L.P. and its advisor Constellation Financial Management Company, LLC (“Constellation”).

A new company called SG Constellation L.P. will assume the client contracts of FEP and the key employees of Constellation. The acquisition included an equity purchase of the 51% interest in Lightning Finance Limited, a joint venture with Franklin Templeton.

Constellation is the worldwide leader in developing distribution financing risk management solutions for the global investment and insurance industries. Founded in 1994, Constellation was one of the first companies to provide financing for the distribution of retail investment products and is the leader in innovative deferred commission asset securitizations.

SG provides Constellation with a large balance sheet and strong counterparty rating allowing it to significantly increase its growth.

Freeman & Company acted as exclusive financial advisor to Constellation Financial Management, FEP Holdings, L.P. and its affiliates.