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Based in Tokyo, ORIX's deal with Gravis is part of its plan to expand into Europe
Japanese financial services firm ORIX is to acquire a 70% stake in Gravis Capital Management, in a strategic partnership that should allow Gravis to grow its franchise and broaden its investment platform into Europe, according to the firm.
Gravis said the decision was made following increased demand across Europe for private assets and responsible investing, and will give Gravis the opportunity to grow its business to meet "continued investor demand for real asset investments". Gravis will remain an independently managed business operating under its existing brand, with CEO Rollo Wright continuing to run the day-to-day strategy and operations. There will also be no change to any of the funds managed by Gravis. Gravis Clean Energy Income fund unveils new charging structure to boost income payments Wright said: "We are...
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