Robert D. Goldbaum serves as co-leader of Morgan Lewis’s investment management transactions practice and as a consultant with Morgan Lewis Consulting. Rob regularly advises a wide variety of industry leaders in the full range of asset and wealth management transactions, including mergers and acquisitions, strategic minority investments, sales, spin-outs and lift-outs, capital markets transactions, and “seed & stake” arrangements.
Rob also provides strategic advice as a consultant to established and emerging financial services firms in connection with a range of business initiatives, including institutionalization of their businesses to enhance franchise value, governance and succession matters, product and channel diversification, and similar initiatives.
Prior to returning to private practice, Rob co-founded HighView Investment Group with Ralph Schlosstein (co-founder and former president of BlackRock), a platform targeting acquisitions of minority interests in alternative asset managers. Previously, he was senior vice president for new investments at Affiliated Managers Group, which he joined after more than 14 years in private legal practice.
Rob is a former member of the Visiting Committee of The University of Chicago Law School, a former member of the Professional and Judicial Ethics Committee of the NYC Bar, and a frequent speaker on industry panels.
Represented Virtus Investment Partners in its majority acquisition of Sustainable Growth Advisers
Represented Bank of America in the sale of its feeder funds business to iCapital
Represented Legg Mason in its majority acquisition of EnTrust Capital and the combination of EnTrust with The Permal Group
Represented Affiliated Managers Group (AMG) in numerous transactions, including its majority acquisition of Pantheon Ventures and its minority investments in AQR, ValueAct, and BlueMountain
Represented Apollo in its acquisitions of Gulf Stream Asset Management and Stone Tower Capital
Represented Blackstone Strategic Capital in its four minority investments in hedge fund firms
Represented Centerbridge Partners in its minority investment in Focus Financial Partners and the subsequent sale of Focus Financial Partners to Stone Point Capital and KKR
Represented Tiedemann Wealth Management in its acquisition of Threshold Group
Represented Citigroup in the sale of its private equity fund-of-funds business to Lexington Partners and StepStone Group
Represented Evercore Partners in its minority investment in Atalanta Sosnoff
Represented IndexIQ in its sale to New York Life Insurance Company
Represented Lincoln Peak in five minority investments in asset and wealth management firms
Represented MD Sass in its sale of Waterfall Asset Management to Neuberger Berman (Dyal)
Represented ORIX in its majority investment in Mariner Investment Group, its minority investment in Caspian Capital and its minority investment in New Health Capital Partners
Represented Religare Enterprises in its majority investments in Northgate Capital and Landmark Partners and its subsequent sales of Northgate and Landmark
Represented Ric Edelman in the sales of Edelman Financial Services to Sanders Morris, Lee Equity Partners and Hellman & Friedman, and in the sale of AWP to Hightower Advisors
Represented Silvercrest’s underwriters in the initial public offering of Silvercrest
Represented Thoma Bravo in its majority investment in Segall, Bryant & Hamill
University of Chicago Law School, 1992, J.D., with honors
Cornell University, 1989, B.A., with distinction
Registered Foreign Lawyer, England & Wales
Awards and Affiliations
Client Service All-Star, BTI Consulting Group (2016, 2015)
Member, Visiting Committee of The University of Chicago Law School (2014–2016)
Member, Professional and Judicial Ethics Committee, New York City Bar (2003–2006)