Kirkland & Ellis lawyers advised asset management provider Apex Group on its acquisition of Efficient Group companies in South Africa, according to a Thursday announcement.
Terms of the deal were not disclosed. The transaction will add $19 billion to Apex Group’s assets under administration, the company said.
Efficient is the holding company of Boutique Collective Investments, an investment management and consulting firm, which will be rebranded under Apex Group. It specializes in services to South African financial advisors.
The deal was led by Kirkland corporate partners Chris Connolly and David Higgins.
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