Japanese financial services firm snaps up 70% stake in Gravis Capital Management
Will remain an indepdently managed business
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...
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