International law firm Milbank, Tweed, Hadley & McCloy, LLP, led by Global Securities partner James H. Ball, Jr., has represented a group of investment banks as underwriters in the follow-on sale of shares of asset manager WisdomTree Investments, Inc. The public equity offering is valued at $157.2 million.
The underwriter group was comprised of Bank of America Merrill Lynch , Barclays Capital Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Goldman, Sachs & Co., Piper Jaffray & Co. and Sterne, Agee & Leach, Inc.
WisdomTree is the only publicly-traded asset management company that focuses exclusively on exchange traded funds, or ETFs. The company achieved record revenues of $21.7 million on September 30, 2012, with assets under management, or AUM, of approximately $16.8 billion.
Additional attorneys on the Milbank team included associates Trevor Truman, Elizabeth Rosado and Kaveh Namazeh.
