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Suntera Global extends its footprint with the acquisition of Carey 

Suntera Global has announced the purchase of Carey commercial (Carey), a boutique fund, corporate, and private wealth services provider, as the business seeks to gain scale in a key growth sector. This acquisition is subject to regulatory approval. Currently, the Guernsey service from Suntera is complemented and improved by Carey’s corporate and private wealth offering. 

Source: Pharmaceutical Technology

CFE finance group acquires 60% of RiverRock 

The UK Financial Conduct Authority (FCA) and the French Financial Markets Authority (AMF) gave their final approval for CFE finance group, to complete the acquisition of 60% of RiverRock European capital partners LLP.

 The acquisition, which was announced on October 18 2022, allows RiverRock to keep its focus on providing specialised solutions to European SMEs as well as alternative solutions to foreign investors. 

Source: Pharmaceutical Technology

AlTi expands into Singapore through deal 

Wealth and asset manager AlTi Tiedemann Global (AlTi) has completed the purchase of AL Wealth Partners (ALWP), bringing the firm into Singapore. 

ALWP is an independent wealth manager in Singapore and its purchase will significantly expand AlTi’s footprint. It also builds on AlTi’s existing presence in Hong Kong. 

Source: Pharmaceutical Technology

TPG will acquire Angelo Gordon 

TPG, a large global asset management firm, and Angelo Gordon, a $73bn credit and real estate investment group, have signed a formal agreement under which TPG will acquire Angelo Gordon in an equity and cash transaction. 

Source: Pharmaceutical Technology