Swiss international investor Hansa Aktiengesellschaft has bought specialist fund manager SVG Investment Managers Ltd (SVGIM) from SVG Capital, subject to regulatory approval.
Hansa will hold the majority of shares, with the senior management of SVGIM, a UK equities boutique with assets under management of £200m, holding a minority stake. Hansa will also acquire SVG Capital's holdings in certain SVGIM managed funds, with a rebrand of the firm likely. Georg von Opel, chairman of Hansa, said: "Our vision is to build a world class asset manager, with a focus on unconstrained investment in high quality public companies and constructive corporate engagement. "SVGIM is a unique business with a proven track record in this style of investing. We believe we have ...
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