Irwin Mitchell Sells Asset Management Arm to Private Equity-Backed Shackleton

Irwin Mitchell, a prominent UK law firm, has sold its asset management arm to Shackleton, a financial planner backed by private equity. The entity, IM Asset Management, which was established in 2004, registered a turnover of £9.9 million in 2024 according to the most recent financial data available from Companies House. The asset management division held funds under management and advice amounting to approximately £1.4 billion. To read more about this development, check the full report on Law.com.