$240 million Deal Value
has acquired a majority interest in
for consideration of $240,000,000
Financial advisor to OMAM
OMAM to acquire a 60% interest in Landmark Partners
June 14, 2016 – OM Asset Management (“OMAM”) is acquiring a 60% interest in Landmark Partners for approximately $240 million in cash. There will be up to an additional $225 million payment based on growth of the business through 2018 and management will retain a 40% equity interest.
Landmark Partners is a leading global secondary private equity, real estate and real asset investment firm with $15.5 billion of committed capital since inception in 1989 and one of the longest track records in the secondaries industry.
The transaction meaningfully expands OMAM’s exposure to alternative asset classes.