Nabarro is advising Stifel Nicolaus Europe Limited as nominated adviser, and Keefe, Bruyette & Woods (a trading division of Stifel Nicolaus Europe Limited) and Numis Securities Limited as joint Bookrunners on the £139.7m AIM IPO of Premier Asset Management Group plc (Premier), and the associated £63.7m placing for Premier and certain of its existing shareholders.

Premier is a fast-growing UK retail asset management group with a focus on delivering successful investment outcomes across its range of investment strategies, which include multi-asset, equity and absolute return funds.  Premier has a significant presence as a multi-asset fund manager in the UK retail funds market, based on net sales and assets under management.

The Nabarro team was led by Corporate partner Alasdair Steele, assisted by senior associate Philippa Chatterton and associate Sylvia Elder. Burges Salmon LLP is advising Premier.

Commenting on the transaction, Alasdair Steele said:

"With Prime Minister Theresa May's announcement setting the timetable for Article 50 negotiations to begin, the success of this early post-Brexit vote IPO demonstrates investors' confidence in both UK focused financial services businesses, such as Premier, and the AIM market."