Law firm Hill Dickinson has advised HANetf, Europe’s first and leading white-label ETF and ETC service provider, on a growth capital investment from US banking group Citi.
An independent ETF specialist, HANetf works with asset managers to bring a full range of UCITS ETF and ETC products to investors, from thematic, commodity and crypto products through to actively managed strategies, via an independent multi-jurisdictional white-label platform.
Citi is now a minority, non-controlling investor, with HANetf using the new proceeds to accelerate its growth plans to capitalise on the seemingly unprecedented interest from European and global asset management firms looking to enter the European ETF market.
Appetite for entering the ETF market certainly is surging of late, so it was a pleasure for us at Hill Dickinson to have guided HANetf on the legal aspects of this injection from Citi. We wish all involved every success moving forward.James Paton-Philip
Corporate Partner
Co-founders and Co-CEOs of HANetf, Hector McNeil and Nik Bienkowski, said: “Citi’s investment is a landmark moment for HANetf. It demonstrates the strength of our expertise, the growth of ETF white-labelling, and in HANetf’s importance within the European ETF ecosystem.”
Leading the team providing legal advice to HANetf was partner, James Paton-Philip, of Hill Dickinson’s Corporate team, assisted by Ben Jones (Associate) and Martha Morrow (Paralegal).
James Paton-Philip, who has acted for HANetf since its inception, commented: “Appetite for entering the ETF market certainly is surging of late, so it was a pleasure for us at Hill Dickinson to have guided HANetf on the legal aspects of this injection from Citi. We wish all involved every success moving forward.”