Cazenove Capital-backed Schroders completed the acquisition of Sandaire from Applerig for $103m.

Cazenove Capital-backed Schroders, an asset management firm, completed the acquisition of Sandaire, an investment management firm, from Applerig, a family-owned holding company, for $103m. “Our family has chosen to partner with Schroders in recognition that by combining Sandaire’s specialist expertise in the Family Office field. We are proud of the business we have built over the last two decades and look forward to seeing our family and clients flourish under Sandaire’s new ownership. I look forward to working with Schroders Wealth to help it enhance and grow the services it offers in the Family Office Sector," Alex Scott, Sandaire Founder.