Update: Liontrust set to buy Neptune for £40m

Whole investment team moving over

Natalie Kenway
Neptune CEO Robin Geffen will become head of his investment team

Neptune CEO Robin Geffen will become head of his investment team

Liontrust has entered into a conditional share purchase agreement with Neptune to buy the entire business for up to £40m, which will see the entire management team join Liontrust.

The acquisition will see Robin Geffen step down from his role as CEO of the business to focus solely on the management of the funds and lead the investment management team. Liontrust said the whole team would be joining its London office, and will be renamed the Liontrust Global Equity team once the acquisition is completed. Robin Geffen is named lead manager on Neptune's £430m Balanced, £283m Income and £220m Russia & Greater Russia fund, as well as the Global Alpha, Global Technology and Global Smaller Companies funds. He also recently promoted his son William Geffen to assistant...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on People moves