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Announced

AKJt to acquire NexGen Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

FinTech

Single Bidder

Cross Border

crypto funds

Majority

Private

Pending

Private Equity

Friendly

Cayman Islands

Synopsis

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AK Jensen Group, an asset manager, agreed to acquire NexGen Management, a Cayman ManCo with an established history of supporting both traditional and crypto funds. Financial terms were not disclosed. "The team at NexGen have achieved a lot within a relatively short period of time, and their capabilities will play an important role in helping to shape our trajectory. We are anticipating an exciting road ahead," Neal Mitra, AKJ Crypto CEO.

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