Specialist Investment Manager

Aberdeen To Acquire Advance Emerging Capital To Expand Its Alternatives Capabilities

Date:

Aberdeen To Acquire Advance Emerging Capital To Expand Its Alternatives Capabilities

Author: Fórmate a Fondo

  1. AEC is a London based specialist investment manager with nearly two decades of experience managing portfolios of primarily closed end, but also open end, fund-of-fund vehicles
  2. Following the transaction Aberdeen will manage 33 closed end funds with aggregate AuM of over £8.5 billion
  3. It will be part of the Group’s Alternatives business which is led by Andrew McCaffery
  4. The team will be independent of Aberdeen’s direct equity and fixed income teams