Australian Ethical completes superannuation fund merger
Global law firm Norton Rose Fulbright has advised Australian Ethical on its superannuation fund merger with Christian Super.
Firms: Norton Rose Fulbright (Australian Ethical); Undisclosed (Christian Super)
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Deal: Australian Ethical has completed a superannuation fund merger with Christian Super.
Value: Undisclosed
Area: Merger and acquisition
Key players: The Norton Rose Fulbright team was led by funds and financial services partner Jon Ireland, with support by insurance partner Ray Giblett and corporate partner Jeremy Wickens.
Other key team members included senior associate Merren Taylor (superannuation/funds), senior associate Tim Chan (insurance), senior associate Stephen Lee (funds), lawyer Remy Michelson (funds), senior strategic advisor John Elliott (M&A) and senior associate Oliver Kabongo (M&A).
Deal significance: Australian Ethical is a superannuation fund manager that began operations in 1986 and seeks out positive investments that support people, quality and sustainability.
Its membership now tallies over 110,000 investors, with more than $8 billion in funds under management.
Commenting on the transaction, Norton Rose Fulbright funds and financial services partner Jon Ireland said: “We are delighted to have assisted our client Australian Ethical with this transformational merger with Christian Super.”