Dexion Capital has been acquired by Australian boutique fund manager Fidante Partners for £19.6m.
Fidante Partners is a division of Australian investment management firm Challenger Limited, which has 60bn Australian dollars in assets under management. The acquisition expands the firm's presence in Europe where it already owns infrastructure investor Whitehelm Capital and asset-backed securities specialist WyeTree Asset Management. The company said it hopes to use Dexion Capital to replicate its multi-boutique presence in Europe. At the beginning of the year, Dexion announced plans to expand its asset management presence with a focus on real assets and alternative credit strateg...
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