Alma Capital Investment Management and Rothschild & Co Asset Management Europe sign an agreement to transfer the InRIS alternative UCITS platform
Alma Capital Investment Management has signed an agreement with Rothschild & Co Asset Management Europe to take over the InRIS alternative UCITS platform.
From this date, Alma Capital Investment Management becomes the exclusive distributor of InRIS UCITS Plc platform which has over EUR500 million of assets under management, across five different UCITS funds, each managed by an external hedge fund manager.
InRIS platform’s range of equity long/short and systematic UCITS funds are complementary to the existing range of alternative and long only funds currently managed by Alma Capital Investment Management.
Alma Capital CEO Henri Vernhes says: “This acquisition is part of our core strategic business and is a testament to Alma Capital’s position as an independent consolidator in the UCITS platform space. In addition to continued organic growth, this is our second acquisition in 2020, having successfully integrated the Platinum UCITS business from DWS earlier this year.”
Rothschild & Co Asset Management Europe Managing Partner Pierre Baudard says: “This agreement is a significant step in our plan to refocus our strategy on our core expertise. Of course, alternative investments remain present in our portfolios and we will continue to be invested in absolute return strategies through our Multi-management and Private Banking activities.”