November

Canaccord Genuity Hawkpoint advises Bank of Ireland (jointly with IBI Corporate Finance Limited) on the sale of Bank of Ireland Asset Management to State Street Global Advisers

Canaccord Genuity Hawkpoint were appointed alongside IBI Corporate Finance Limited (Bank of Ireland’s advisory business) to advise on options for the business which ultimately led to the agreement to sell the business to State Street Global Advisors. The appointment was following Bank of Ireland’s commitments to the European Commission under its restructuring plan, one of which included the disposal of Bank of Ireland Asset management (“BIAM”).

BIAM is a provider of investment management solutions to Irish and international clients. BIAM had assets under management of c.€26.6 billion as at 30 September 2010.

Canaccord Genuity Hawkpoint acted as joint financial adviser (alongside IBI Corporate Finance Limited) to Bank of Ireland on the sale of Bank of Ireland Asset Management to State Street Global Advisers for €57m.

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