Lionpoint’s acquisition by Alpha will help grow the former’s geographical reach, breadth of services to alternative investment managers, investors, and advisors, and range of clientele to include multi-strategy clients who combine traditional and alternative assets. By joining forces, both firms will complement each other’s capabilities as the line between alternative investments firms increasingly permeates retail investors and other traditional asset managers, dramatically reshaping client requirements.
“Lionpoint is a fantastic addition to Alpha and closely aligns with our strategy to grow our capabilities in the rapidly growing alternative investment space and our footprint in North America,” says Alpha global chief executive officer Euan Fraser. “It brings to the table a complementary blue chip client base, leading technology solutions and key vendor partnerships, and a strong global management team and culture that will help double the business in four years. We look forward to growing our businesses together.”
Read more/Source: Private Equity Wire
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