CI Financial’s Acquisition of Eaton Vance WaterOak Advisors Assets

Willkie advised Eaton Vance WaterOak Advisors on the transaction.

CI Financial, an integrated global wealth and asset management company, has agreed to acquire certain assets of Eaton Vance WaterOak Advisors, formerly Eaton Vance Investment Counsel of Boston (EVIC).

The Boston-based EVIC team acts as advisor for approximately $11.4 billion in assets on behalf of families, endowments, foundations and other institutions.

Eaton Vance Corp. and its subsidiaries, including Eaton Vance WaterOak Advisors, were acquired by Morgan Stanley in March 2021. 

The Willkie team was led by partners Gregory Astrachan (Picture) and Manuel Miranda and included associate Justin Sommerkamp.

Involved fees earner: Gregory Astrachan – Willkie Farr & Gallagher; Manuel Miranda – Willkie Farr & Gallagher; Justin Sommerkamp – Willkie Farr & Gallagher;

Law Firms: Willkie Farr & Gallagher;

Clients: Eaton Vance Corp.;