The law firm Scotto & Associés is advising the founder of Heritage Asset Management on the sale of the company to Rothschild & Cie Gestion

Rothschild & Cie Gestion (RCG), a wholly owned subsidiary of Rothschild & Cie Banque, has completed the acquisition of Heritage Asset Management SAS (Heritage AM) from its founder and majority shareholder.

Heritage AM is an independent portfolio management firm founded in 2003 and authorized by the AMF to provide alternative multi-management services. Heritage AM currently manages three alternative multi-management UCITS—two ARIA III funds and one contract fund—with total assets under management of 65 million euros.

Following this sale, Héritage AM will be renamed Rothschild Investment Solution and will thus become the “multi-management” entity of Rothschild & Cie Gestion.

The law firm SCOTTO & ASSOCIÉS advised Mr. Laurent Levenq, founder and majority shareholder of Heritage AM, in connection with this transaction. Our Corporate and Capital Markets team handled all corporate aspects of the transaction, and our Tax team handled the tax aspects.

In addition, the law firm Weil Gotshal (Romy Richter) advised Rothschild & Cie Gestion, the new shareholder of Heritage AM.