On March 15, 2018, Fidante Partners announced its acquisition of a minority stake in Latigo Partners.
Fidante Partners (“Fidante”) has acquired a minority stake in Latigo Partners, L.P. (“Latigo”) in a strategic partnership, and Challenger Limited, Fidante’s parent company, has made an investment in Latigo’s funds. Further terms of the transaction were not disclosed.
Fidante, based in Sydney, is an investment management firm, owned by Challenger Limited, specializing in partnering with equity, fixed income, and alternative investment managers. Fidante has A$ 56 billion in funds under management as at December 31, 2017.
Latigo, based in New York and founded in 2005, is a fund manager that focuses on event driven investments in distressed securities, special situations, credit investing, and equity investing.
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