ORIX completed the acquisition of Gravis Capital Management.

ORIX completed the acquisition of Gravis Capital Management, a UK asset manager.The transaction is expected to close during the first quarter of 2021, subject to receipt of regulatory approvals and the satisfaction of customary closing conditions. Financial terms were not disclosed. ORIX continues to expand its multi-faceted asset management business across the globe. The funds operated by Gravis invest in renewable energy, infrastructure, and real estate, and therefore are highly compatible with many of the ORIX Group’s businesses. As a result of this acquisition, ORIX will be able to support further growth of Gravis including expansion of its existing fund portfolios and formation of new funds.