Fried Frank acted as counsel to Bonaccord Capital Partners (“BCP”), a division of Aberdeen Standard Investments, in its acquisition of a passive, non-voting minority stake in Atlanta-based MSouth Equity Partners, a lower-middle market private equity firm. The transaction will provide capital to support MSouth's future growth and development of strategic initiatives. BCP will not acquire any operating or investment authority. Aberdeen Standard Investments is a leading global asset manager with $735 billion in assets under management and 52 offices worldwide.
The Fried Frank team was led by corporate partner Andrew J. Colosimo and included corporate partner Stacey Song; intellectual property and technology special counsel Jason L. Greenberg; and corporate associates Kimberly L. Barr, Robert Engelke, Meka Jegede, Chelsea S. Penther, and Ross M. Sarraf.