Gottex acquires multi-asset boutique Frontier

Gottex Fund Management is to take a majority stake in UK multi-asset boutique Frontier Investment Management.

Gottex, a global firm with $7bn of assets, will acquire the majority of the share capital of Frontier, which has $550m of AUM across its range. Michael Azlen, founder and CEO/CIO of Frontier, will retain a substantial equity interest in the business and will continue to lead it. He will also join Gottex as a senior executive in its multi-asset business. He will take on the responsibility for expanding Gottex’s European multi- asset business, starting from Frontier’s UK base. Frontier will continue to offer its current product range, which will be augmented globally by a range of activ...