Rothschild & Co completes sale of North American Asset Management units to Wintrust
Rothschild & Co is pleased to announce the completion of the sale of its North American Asset Management units to Wintrust Financial Corporation (“Wintrust”) (NASDAQ: WTFC), further to the agreement first announced on 14 November 2022.
Rothschild & Co Asset Management U.S. will now merge into and operate its business as Great Lakes Advisors, LLC, Wintrust’s subsidiary.
The terms of the transaction are not being disclosed.
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For more information contact:
Alex Yankus / Rachael Collins
About Rothschild & Co
Rothschild & Co is a family-controlled and independent group and has been at the centre of the world’s financial markets for over 200 years. With a team of talented financial services specialists on the ground in over 40 countries, Rothschild & Co’s integrated global network of trusted professionals provides in-depth market intelligence and effective long-term solutions for its clients in Global Advisory, Wealth & Asset Management, and Merchant Banking.
Rothschild & Co is a French partnership limited by shares (société en commandite par actions) listed on Euronext in Paris, Compartment A with a share capital of €154,059,554. Paris trade and companies registry number 302 519 228. Registered office: 23 bis avenue de Messine, 75008 Paris, France.