Justin G. Askew's practice focuses primarily on mergers, acquisitions and other transactions involving public and private investment management firms, broker-dealers and related businesses.

Bio

Mr. Askew has represented clients in many significant U.S. and cross-border transactions, including:

  • Benefit Street Partners in its acquisition by Franklin Resources;
  • Tennenbaum Capital Partners in its acquisition by BlackRock;
  • BlackRock in its acquisition of Citigroup’s Mexican asset management business;
  • E*TRADE in its acquisitions of OptionsHouse, Trust Company of America and the online brokerage business of Capital One;
  • American Beacon Advisors in its acquisition of interests in RSW Investments, SSI Investment Management, Shapiro Capital Management, ARK Investment Management and AlphaQuant Advisors;
  • Janus Capital Group in its merger-of-equals with Henderson Group;
  • First Eagle Investment Management in its acquisition by funds affiliated with Blackstone and Corsair Capital;
  • BlackRock in its acquisition of Infraestructura Institucional;
  • Russell Investments in its acquisition by the London Stock Exchange Group for $2.7 billion;
  • BlackRock in its acquisition of BlackRock Kelso Capital Advisors;
  • the management team of River Road Asset Management, LLC in its acquisition by Affiliated Managers Group Inc. from Aviva Investors North America Holdings Inc.;
  • Société Générale in the sale of The TCW Group to funds affiliated with the Carlyle Group;
  • Asset Management Finance Corporation (a subsidiary of Credit Suisse AG) in the acquisition of minority interests in various asset management firms;
  • The TCW Group and Société Générale in the acquisition of Metropolitan West Asset Management;
  • Rydex Holdings in the sale of Rydex Investments to Security Benefit Life;
  • Crestview Capital Partners in its acquisition of Munder Capital Management; and
  • Citigroup Inc. in the sale of its asset management business to Legg Mason Inc. and the acquisition of Legg Mason Wood Walker Inc. from Legg Mason Inc.

Mr. Askew’s practice frequently includes the structuring of complex incentive compensation and equity ownership arrangements for principals of investment management firms.

Credentials

Education

  • LL.M., Harvard Law School, 1996
  • LL.B., University of Manitoba, 1995

Admissions

  • New York

Experience

  • Law Clerk to Hon. John C. Major, Supreme Court of Canada, 1996-1997

Justin G. Askew

Counsel, Mergers and Acquisitions; Financial Institutions
justin.askew@skadden.com