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iM Global Is Buying U.S. Asset Manager Litman Gregory The acquisition of the $6.2 billion firm is part of Paris-based iM Global’s U.S. expansion plans. March 09, 2021 iM Global Partner will acquire Litman Gregory, a boutique asset manager based in the San Francisco Bay Area. (David Paul Morris/Bloomberg) Sponsored France’s iM Global Partner is buying asset manager Litman Gregory as part of its push to expand in the U.S., a deal that will bring its total assets to $24 billion. Litman Gregory, based in Walnut Creek, California, has a total of $6.2 billion under management and advisory, according to an iM Global statement expected to be released Tuesday. While iM Global typically purchases minority stakes in fund managers, the firm is buying all of Litman Gregory in a deal that gives it a U.S. distribution platform for mutual funds and exchange-traded funds, according to Jeff Seeley, who heads up iM Global’s U.S. business. ....