ICM-backed Somers completed the acquisition of a 15% stake in Aura Group.

ICM-backed Somers, a listed financial services investment holding company, completed the acquisition of a 15% stake in Aura Group, an alternative investment and wealth management platform. Financial terms were not disclosed. “The deal is a milestone development for Aura Group as the firm continues to scale its operations in the Asia Pacific region. Both Somers and ICM’s track record for value creation speaks for itself and we look forward to sharing deal flow and insights. The partnership also gives Aura Group a stepping stone into European capital markets. South East Asia is the fastest growing region in the world and is receiving growing interest from international investors,” Calvin Ng, Aura Group Managing Director.