Lovell Minnick to acquire a majority stake in London & Capital.

Lovell Minnick, a private equity firm, agreed to acquire a majority stake in London & Capital, a wealth and asset manager. Financial terms were not disclosed. “We chose to partner with LMP because of the firm’s excellent track record of working with management teams to scale and enhance wealth and asset management firms. Their deep experience in the space and our sense of shared values and culture align with our focus on providing an exceptional service and experience for our clients. We are at an exciting point in our evolution as a firm, and attracting the private investment plus the operational support LMP offers, will allow us to expand our client solutions, grow internationally, invest in technology, and bring on new teams. We look forward to working closely with the LMP team," Guy McGlashan, London & Capital CEO.