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Two advised on $145m listing of shares fund
One firm has advised two companies in the listing of the Forager Australian Shares Fund.
Emma Musgrave
Firm: MinterEllison (Forager Funds Management and Perpetual)
MinterEllison assisted Forager through two unit-holder meetings, a change of responsible entity from fund host to Perpetual, the restructuring of the fund into a listed investment trust structure and the listing of the fund on ASX.
Value: $145 million
Area: IPO, finance
Key players: The MinterEllison team was led by partner Stuart Johnson, with assistance from special counsel Ker Wei Tiam, senior associate Tze Ting Liew and lawyer Pooja Anantha.
Deal significance: The Forager Australian Shares Fund commenced trading on Friday, 16 December 2016.
Forager Funds Management is a boutique fund manager, managing international and Australian funds on behalf of long-term investors.
Perpetual is an independent and diversified financial services group providing specialised investment management, wealth advice and corporate trustee services.
"We thoroughly enjoyed working on this innovative structure,” said MinterEllison partner Stuart Johnson.
“Forager is a unique Australian asset management company with an exclusive focus on long-term investing. Perpetual is a leading responsible entity of listed investment trusts.
“It is fantastic to work alongside these two prestigious organisations.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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