PRNewswire: Invesco Ltd., a global independent investment management firm, announced today the expansion of its digital wealth business supporting advisors, end-investors, and financial institutions with industry-leading tools, resources and investment capabilities. RedBlack, a market-leader in portfolio rebalancing and trading technology, joins Invesco, bringing more than 150 clients and $350 billion of platform assets. The team comprises 60 members based in Bedford, New Hampshire and Kochi, India.

— PR Newswire

INDUSLAW advised Invesco Ltd led by a team of partners Kartik Ganapathy and Revathy Muralidharan, along with senior associate Neeraj Vyas and associate Prachi Pandit.

Ropes & Gray LLP advised Invesco US, comprised of lawyers Richard Conklin, Olivia Pomann, and Rima Mahmoud.

US law firm Rath, Young and Pignatelli PC advised RedBlack LLC on international laws.

Khaitan & Co advised RedBlack on the Indian leg of the transaction.

Primary jurisdiction of deal: US.

2019-12-11

Deal value: Confidential

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.