First Sentier Investors takes majority stake in European alternative credit boutique

AlbaCore Capital Group

First Sentier Investors has taken a majority stake in European alternative credit boutique AlbaCore Capital Group.

First Sentier Investors chief executive Mark Steinberg said the "strategic partnership" with the asset manager diversified the range of investment capabilities the firm can offer to clients, while aligning with its growth strategy.  First Sentier Investors makes multiple responsible investment hires "Today is an exciting and important day for First Sentier Investors, our shareholder Mitsubishi UFJ Trust and Banking Corporation, and our new partner AlbaCore," he said.  "The alternative credit capabilities that AlbaCore brings to the table complements our existing investment capabili...