Hall & Wilcox advises Patriot Asset Management on acquisition by Ironbark Asset Management

Leading Melbourne law firm Hall & Wilcox have advised boutique fund manager Patriot Asset Management (Patriot) on the acquisition by Ironbark Asset Management of its two funds, Patriot Australian Share Fund and the Patriot Small Companies Fund.

The Hall & Wilcox team, led by partner Harry New and supported by lawyer, Eugene Chen, completed the acquisition on behalf of Patriot on Friday, 30 April, 2010.

The two funds will now be managed by the highly rated Karara Capital and will be rebranded this month as Ironbark Karara Australian Share Fund and the Ironbark Karara Australian Small Companies Fund.

The Hall & Wilcox Financial Services team is made up of experts in funds management and financial services. The team is able to assist in establishing and advising fund managers in respect of numerous types of funds, including: preparing and reviewing product disclosure statements; preparing and amending constitutions and deed polls; licensing and assisting with AFSL preparation; compliance with ASIC and ASX requirements; dispute resolution;  conducting and/or managing due diligence; drafting and negotiating business relationship agreements; acquisitions and divestments; and generally acting as trusted advisor.