Merger of ISPT and IFM Investors
Jarden acted as Exclusive Financial Advisor to a large group of ISPT's superannuation fund investors in relation to the merger with IFM Investors.
Expertise
Financial advisory, investor engagement, governance framework assessment
Strategic Context
On 23 August 2024, the ISPT Board unanimously recommended the proposed merger of ISPT and IFM Investors to create a ~$240 billion global real assets investment management business.
Execution
Jarden acted as Exclusive Financial Advisor to a large group of ISPT's superannuation fund investors who were ISPT management platform shareholders and investors in the underlying ISPT funds.
Key transaction highlights included:
- Enhanced capability and performance through the creation of a full-service global investment manager with capabilities spanning the private markets real assets spectrum
- Proactive investor engagement and coordination to drive a winning outcome for both ISPT and IFM
Outcome
The merger continues a trend of investor-led transactions in the real estate sector, and demonstrates investors’ preference for structures which provide appropriate governance, influence and key commercial terms.
Jarden's role demonstrates its market leadership in successfully working with both investors and managers to provide trusted, independent advice.
