Patria Investments completed the acquisition of private equity solutions business from abrdn for £100m.

Patria Investments, a global alternative asset manager, completed the acquisition of private equity solutions business from abrdn, a United Kingdom-based global investment company, for £100m. “We are thrilled to bring this transaction to a close and launch this new growth engine for Patria’s investment platform. Merrick and his team have built a great business with complementary strategies and a respected track record, and we believe they can thrive in leveraging Patria’s platform as we grow together," Marco D’Ippolito, GPMS Head.