Coram to Purchase Minerva Fund Managers

June 26, 2017

On June 13, 2017, Coram Asset Management announced it will acquire the business of Minerva Fund Managers, a United Kingdom-based discretionary fund manager.

This transaction will allow Coram Asset Management (“Coram”) to provide model portfolio market, known as MPS, while incorporating expertise in Socially Responsible Investing.

Based in the U.K., Coram is the subsidiary of the MitonOptimal Group, which is a global multi-asset management firm that offers a range of DFM, bespoke portfolio management, advisory services and fund management.

Established in 1990, Minerva Fund Managers is a manger of U.K. discretionary funds.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions