The Carlyle Group Acquires Diversified Global Asset Management Corporation

The Carlyle Group, a US-based global alternative asset manager, completed its acquisition of Diversified Global Asset Management Corporation (DGAM), a Toronto-based global manager of hedge funds with more than $6.7 billion in managed and advised assets. 

DGAM was represented in-house by Lisa Shostack, Managing Director and General Counsel; and externally by Davies Ward Phillips & Vineberg LLP with a team of Tim Baron, Brooke Jamison and Ben Howard (corporate and securities); Ian Crosbie and Chris Anderson (tax); Anita Banicevic (competition) and Jessica Bullock (employment) in Toronto, and Gerald Shepherd (securities) and Scott Semer (tax) in New York. 

The Carlyle Group was represented in-house by Rainey Hoffman, Vice President and Counsel; and externally by Simpson Thacher & Bartlett LLP with a team including Gary Horowitz, Sean Crnkovich, Chinh Vo and Lisa Klar (corporate and securities). Warren Katz, Darin Renton, Ruth Elnekave (corporate, M&A and securities); Nancy Ramalho (employment), John Lorito and Katy Pitch (tax) of Stikeman Elliott LLP acted as counsel to The Carlyle Group in Canada.