AlpInvest, Honeywell Invest in Towry Group

January 24, 2013

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. 

To read the press release, please click here.


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Investment Manager Strategic Investments, Transactions