Pinsent Masons act as key adviser to Dalmore Capital in relation to acquisition by Royal London

Dalmore manages approximately £6 billion in assets across five flagship funds, and Royal London has committed up to £500 million to future Dalmore funds as part of the deal.

The move is part of Royal London’s expansion of its private assets platform and will provide its customers access to a wider range of investment options to support their retirement and savings goals.

Dalmore’s portfolio includes around diversified 130 infrastructure assets across the UK, Europe and Canada including 24 operational UK wind farms, the Thames Tideway Tunnel, and hydro generation projects in Scotland.

The Pinsent Masons team was led by David Young and their advice included all vendor due diligence, fund level advice and change of control analysis across the entire Dalmore portfolio.

David and team have been core advisers to Dalmore since inception in 2009.

Commenting on the acquisition, David Young said: “This was a complex transaction and it was great to work alongside the Dalmore team and other advisers to help deliver this. It has been a fantastic experience to see the Dalmore business evolve over many years and to help the team realise this exciting new chapter with Royal London.”