Amova AM to acquire an additional 77.7% stake in AHAM Capital from CVC.

Amova AM, a Japanese multinational investment company, agreed to acquire an additional 77.7% stake in AHAM Capital, an asset management firm, from CVC, a private equity and investment advisory firm. Financial terms were not disclosed. “This acquisition of a leading asset manager in a growth market is truly transformational and marks a pivotal milestone in Amova AM’s journey to connect Asia with global markets. We are proud that this follows so soon after our global rebrand earlier this year. By integrating AHAM Capital’s local expertise and Shariah investment capabilities with Amova AM’s global scale and innovation, we will deliver differentiated solutions for our clients and accelerate growth across public, private and Islamic investment segments. This strategic move underscores our ambition to lead in Asia while expanding our global reach," Stefanie Drews, Amova AM President and CEO.