Lincoln Peak to acquire a 27% minority stake in RWC from Schroders.

Lincoln Peak, a private investment firm, agreed to acquire a 27% minority stake in RWC, an investment management firm, from Schroders, an international asset management group. Financial terms were not disclosed. The deal involves Schroders selling the 41% of RWC, with several individual investors offloading an additional 6% of the business. The rest of shares are being bought back by RWC and its staff. “Lincoln Peak is a very attractive partner for us has committed to our organisation for the next decade and beyond. Our priority has been to secure a shareholder who supports the commitments we have to our clients and investment teams,” Dan Mannix, RWC Chief Executive.