September 20, 2021
On June 29th 2021 ABN AMRO Ventures’ portfolio company Open Invest, an ESG themed investment advisor, announced it was being acquired by JP Morgan Chase: https://www.prnewswire.com/news-releases/jp-morgan-agrees-to-acquire-openinvest-a-pioneer-in-values-based-investing-301321671.html. The transaction closed in August 2021. This is ABN AMRO Ventures' second successful exit from a US investment since its founding in 2017.
Moses & Singer represented its client ABN AMRO Ventures in the investment made in early 2020 and in connection with the exit. The M&S team, led by Capital Markets Chair Allan Grauberd, has represented ABN AMRO Ventures in all its US transactions.