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Berkshire Global has been a registered broker dealer since 2003
Home / transaction / Berkshire Global Advisors acted as exclusive financial advisor to Boston Common Asset Management
Berkshire Global Advisors acted as exclusive financial advisor to Boston Common Asset Management
  • has sold a minority stake to

    • Berkshire Global Advisors acted as exclusive financial advisor to Boston Common Asset Management

  • Date: October 2016
  • Sector: Investment Management
  • Sub-Sector: Mutual Funds
  • Region: North America
  • Seller AUM: $2.2 Billion

    • Seller Details
    Boston Common Asset Management is a women-led, sustainable investment manager dedicated to the pursuit of financial return and social change. Boston Common analyzes investment risks and opportunities from a broader perspective because the firm believes understanding ESG factors is fundamental to valuing a company. Through active, engaged ownership, Boston Common seeks to improve companies’ practices and to advance the global dialogue toward a sustainable economy. Since its inception in 2003, Boston Common has built a strong investment record and has meaningfully improved corporate practices here and abroad.

    Buyer Details
    Rosemont Investment Partners, LLC is a specialist private equity firm focused exclusively on making investments in asset and wealth managers. Rosemont typically takes minority positions in support of management buyouts, recapitalizations, ownership transitions, and selected NewCos. In addition to providing capital, Rosemont leverages 30 years of advising and investing in asset management businesses. Boston Common is Rosemont’s 28th investment.

    Transaction Summary
    Boston Common Asset Management, a pioneer in global sustainable investing, has sold a minority stake to Rosemont Investment Partners in connection with an expanded employee ownership plan designed to ensure continuity of its people and processes while facilitating broader and deeper employee ownership over the long term. With notable positive support from clients and consultants, Boston Common continues on a path to building a durable, independent company that is best-positioned to serve its clients and its mission through Environmental, Social, and Governance (ESG) investing.