Announced
Financials
Sources
Tags
Private
Asset Managers and Custodians
Pending
Single Bidder
asset managers
France
Acquisition
Private Equity
Synopsis
Alvarium Investments acquired Iskander, an asset manager dedicated to large private investors. Financial terms were not disclosed. Separately, Alvarium is part of Queensgate Investments, which this week acquired four Grange Hotels in Central London in a deal valued at around £1bn ($1.3bn). “In recent years we have seen sustained and measured growth, bringing on and integrating new teams and service offerings for the benefit of our clients and partners. Today we announce our latest acquisition in France as well as a rebrand that consolidates our international operations under one brand. Both mark an exciting new chapter for the firm, reinforcing our position as one of the leading independent global investment boutiques.” Alexander de Meyer, Alvarium Chief Executive Officer.
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