C-Quadrat to Acquire UK Fund Management Company

Businessn.a. ♦ Published: July 2, 2012; 19:03 ♦ (Vindobona)

The Austrian Investment Fund intends to take over the British BCM Group, which manages assets of € 800m.

C-Quadrat to Acquire UK Fund Management Company / Picture: © C-Quadrat

C-Quadrat Investment AG announces that a term sheet was signed on the possible acquisition of 100% of the shares in BCM (Luxembourg) SA and thus on the direct or indirect acquisition of 100% of the shares in the UK Fund Management Company BCM & Partners LLP ("BCM-Group").

BCM-Group is a London domiciled independent Asset Manager with focus on Credit Funds (Convertible Funds,…