QUAERO Capital and Asian fund management boutique Tiburon Partners have joined forces, creating a firm with over $2.3bn assets under management (AUM), subject to FCA and FINMA approval.
The merger will create a single asset manager under the QUAERO CAPITAL brand with combined business remaining 100% employee-owned, something which existed at both firms.
The merger will expand QUAERO CAPITAL's footprint in London, which had largely focused on sales and research.
Tiburon Partners will run the firm's UK arm of the firm while QUAERO CAPITAL's presence in Europe will enable Tiburon's funds to be sold more widely across the continent.
This includes the $70m Tiburon Taiko fund and $29m Tiburon Taipan fund, along with a number of segregated mandates including the Atlantis Japan fund.
QUAERO CAPITAL chief executive Jean Keller said: "We are delighted to be joining forces with another excellent value specialist as our skills and expertise are wholly complementary.
"We are also excited to have a substantial presence in London - one of the key centres for investment talent in the world."
Rupert Kimber, senior partner at Tiburon Capital, said: "QUAERO CAPITAL's managers think and work like us. They have a similar investment approach based on value orientated, concentrated portfolios.
"So, naturally, we are keen to partner with a firm which shares our philosophy, and can take our offering more widely around Europe."
Brett hires former Aberdeen colleagues
'Every company must make a positive contribution to society'
Five new entrants to table
Moving to segregated mandates
Ottawa joins in March