Mattioli Woods has completed its acquisition of Maven Capital Partners UK, a private equity and alternative asset manager, following shareholder approval.

Maven provides investment opportunities in VCTs, private equity and property with regionally based teams across 10 offices and more than 90 investment executives and support professionals. Mattioli Woods said it was a strong cultural fit and was aligned with its strategic ambitions for growth.

It added Maven would enhance the direct and intermediary distribution channels for the Mattioli Woods Group’s new and existing products and services.

Chief executive Ian Mattioli said: “This new partnership will allow us to offer clients even more products and give more clients access to our full-service offering. At the heart of everything we do are, of course, our clients, both existing and new.

Read more/Source: Investment Week