Kairos Investment Management Ltd, the London-based subsidiary of Kairos Group and Engadine Partners LLP, a London-based independent asset manager specialised in offering alternative investment solutions, are to sign a cooperation agreement aimed at strengthening and leveraging their investment expertise and distribution networks.
Through this cooperation, Kairos will strengthen the business of Kairos Investment Management Ltd, the Group’s subsidiary specialised in the management of alternative funds, thereby also enhancing its European long-short offering. Marcello Sallusti, founder of Engadine Partners, will become Chief Investment Officer (CIO) of Kairos Investment Management Ltd while retaining his responsibilities as CIO of the current Engadine funds.
The cooperation agreement foresees the joint development of new co-branded products based on the investment strategy pursued by Engadine. Going forward, Kairos Investment Management Ltd will act both as investment manager and management company of the Engadine Equity Funds, a long-short equity strategy with a European focus, which represents the preferred choice of US institutional clients.
Alberto Castelli, CEO of Kairos Group, says: “The cooperation with Engadine Partners represents an important milestone for the positioning of Kairos as a leading active alternative asset manager. Thanks to the pooling of our investment management capabilities, our offering will become even more distinctive. Alongside our predominantly European client portfolio, we will also be able to also start offering our services to the American market. I am confident that the strategic cooperation between the two companies, who share the same entrepreneurial culture and values, will result in a strong foundation and enable us to successfully tackle upcoming business opportunities.”
Marcello Sallusti, Founder of Engadine Partners and new CIO of Kairos Investment Management Ltd, adds: “I believe in the cooperation with Kairos because we share the same management DNA and I am convinced that together we can further strengthen our position in London, which will remain one of the most important international financial hubs. We undertook a path of growth and innovation and we are excited to be able to combine our mutual competences in order to continue offering solutions to the international market.”
