Global alternative asset manager The Carlyle Group has announced that it has made an approximately $400 million minority investment in ION Investment Group, a global provider of mission-critical software to financial institutions and corporates.

Latham represented Carlyle in the transaction with a corporate deal team led by Washington, D.C. partner David Brown and London partner Robbie McLaren with associates Stuart Alford in London and J. Cory Tull and Mariclaire Petty in Washington, D.C. Advice was also provided on tax matters by New York partner David Raab; on technology and intellectual property matters by New York partner Steven Betensky and associates Jessica Selby and Cameron Kates; on benefits and compensation matters by Washington, D.C. partner David Della Rocca, London partner Stephen Brown and Washington, D.C. associate Nikhil Kumar; on compliance matters by Washington, D.C. partner Brian Kowalski and associate Natalie Rao; on export controls matters by Washington, D.C. partner Les Carnegie; on financial regulatory matters by New York partners Stephen Wink and Vivian Maese, New York counsel Yvette Valdez, Paris counsel Suzana Sava-Montanari, Frankfurt associate Axel Schiemann, New York associates J. Ashley Weeks and Matthew Wynne, London associate Aaron Jones and Paris associate Jaime Hall; on real estate matters by New York partner Dara Denberg and associate Ariella Ohabi; and on antitrust matters by Washington, D.C. partner Marc Williamson, Brussels partner Luca Crocco, Washington, D.C. counsel Sydney Smith and London counsel Tanya Macrae.