Private equity firm Nile Capital Group Holdings has acquired a minority stake in hedge fund manager Welton Investment Partners, according to a report in Pensions & Investments.
Terms of the transaction, which was completed on 15 December, have not been disclosed.
Nile Capital specialises in taking general partners stakes in boutique, niche and diverse money managers, while Welton runs multi-strategy global macro and ESG strategies, as well as systematic trend-following funds for an institutional client base.
