On December 19, 2012, Palamon Capital Partners announced that its portfolio company, Towry Group Limited, received a £35 million investment from Palamon co-investors AlpInvest Partners and Honeywell Capital Management.
On December 19, 2012, Palamon Capital Partners announced that co-investors AlpInvest Partners B.V. and Honeywell Capital Management LLC will invest £35 million in its portfolio company, Towry Group Limited. The investment will provide additional funding for Towry’s expansion plans. Towry has approximately £4.6 billion in assets under management and provides fee-based wealth advice and discretionary asset fund management services.
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