Walter Global Asset Management completed the acquisition of a minority stake in Madryn Asset Management.

Walter Global Asset Management, a private equity firm, completed the acquisition of a minority stake in Madryn Asset Management, an alternative asset management firm that invests in innovative and unique healthcare companies. Financial terms were not disclosed. “We are impressed by the depth of Madryn’s investment expertise within this specialized sector, and the strength of its relationships with institutional investors. We believe Madryn and its exceptional team of life sciences and financial experts are well positioned to capitalize on their solid growth potential,” Sylvain Brosseau, Walter GAM CEO and Founding Partner.