UK venture capital investor Albion Ventures has completed the acquisition of OLIM from Close Brothers Group.
The acquisition was first announced on 27 September 2016, subject to regulatory approval.
OLIM is a fund manager specialising in UK quoted equities, with around GBP500 million of assets under management.
The completion of the acquisition further diversifies Albion’s investment management expertise into quoted equities and increases its assets under management and administration to over GBP950 million.
