ARCH boosts stake in financial advisory firm
The investment by the asset manager gives Financial Partners Group the capital it needs to grow in Asia and the Middle East.
Offshore asset manager ARCH Group has completed a capital investment in independent financial advisor Financial Partners Group FPG. The deal allows the complementary partners to expand their reach and product portfolio in Asia and the Middle East.
The cost of the acquisition wasn't disclosed but it will increase London-based ARCH GroupÆs holding in FPG to 49%. FPG plans to use the capital injection to expand its presence in Asia and the Middle East through organic growth and mergers and...
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