LarrainVial to acquire Aubrey Capital Management
16 January 2024 Chile
Image: diegograndi/stock.adobe.com
LVCC, the holding company for Chilean firm LarrainVial Asset Management, is set to acquire a 25 per cent stake in UK-based specialist investment manager Aubrey Capital Management.
The deal will conclude in the next few days, following final reviews from lawyers in the UK and Chile.
Through the acquisition, the companies aim to access new opportunities, expand their strategies into new markets and broaden their client bases.
Aubrey will remain a majority employee-owned business, with its main shareholders and founders remaining in the company.
Commenting on the deal, Ladislao Larrain, CEO of LarrainVial Asset Management, says: "It is very important for us to participate in the ownership of Aubrey, as it allows us to approach new markets and strengthen our international presence with a leading fund manager with almost 20 years of experience and an expert team in emerging markets."
Andrew Ward, Aubrey CEO, adds: “This is a positive step for both firms that will result in a sharing and deepening of investment expertise and better access to distribution capability in the UK, US, Latin America and Europe.”
The deal will conclude in the next few days, following final reviews from lawyers in the UK and Chile.
Through the acquisition, the companies aim to access new opportunities, expand their strategies into new markets and broaden their client bases.
Aubrey will remain a majority employee-owned business, with its main shareholders and founders remaining in the company.
Commenting on the deal, Ladislao Larrain, CEO of LarrainVial Asset Management, says: "It is very important for us to participate in the ownership of Aubrey, as it allows us to approach new markets and strengthen our international presence with a leading fund manager with almost 20 years of experience and an expert team in emerging markets."
Andrew Ward, Aubrey CEO, adds: “This is a positive step for both firms that will result in a sharing and deepening of investment expertise and better access to distribution capability in the UK, US, Latin America and Europe.”
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