On March 1, 2023, Kramer Levin client M&G Investments announced that its Catalyst strategy has invested $300 million in a new strategy designed to finance innovative intellectual property-backed businesses, primarily in North America. Launched and managed by Aon Advantage Funds LLC, the investment vehicle seeks to provide growth companies with access to capital based on the value of and secured by their intellectual property.
The Kramer Levin team advising M&G Investments was led by Corporate partner Kevin P. Scanlan and Corporate counsel Darina F. Delappe and included Tax partner Barry Herzog, Insurance partner Daniel Rabinowitz, Banking and Finance counsel Michael McKay and Corporate partner David S. Berg.