Private equity firm Lovell Minnick Partners (LMP) to acquire to acquire a majority stake in London & Capital, an independently owned, London-based, wealth and asset manager with £4.1 billion in assets under management.
Private equity firm Lovell Minnick Partners (LMP) to to acquire to acquire a majority stake in London & Capital, an independently owned, London-based, wealth and asset manager with £4.1 billion in assets under management.
As part of the transaction, London & Capital’s management team will continue to lead the business and will retain a significant minority stake.
Financial terms of the transaction have not been disclosed.
