Ziegler Capital Management is Being Sold to 1251 Capital Group
Posted on 12/09/2019
1251 Capital Group, Inc. partnered with management to acquire Chicago-based Ziegler Capital Management, an asset management boutique providing specialized investment strategies in both equity and fixed income markets. As of September 30, 2019, Ziegler Capital Management had US$ 12.4 billion in assets under management. Ziegler Capital Management has over 80 employees and additional offices in Milwaukee and St. Louis. Ziegler Capital Management has been a wholly-owned subsidiary of Stifel Financial Corporation since 2013.
Ziegler Capital Management was formed in 2005.
The deal is expected to close in the first quarter of 2020 following requisite client consents.
Advisors
In connection with the transaction, Morgan, Lewis & Bockius provided legal advice to 1251 Capital Group, Bryan Cave Leighton Paisner provided legal advice to Stifel, and Quarles & Brady provided legal advice to the management team of Ziegler Capital Management.