Hurst Point Group has announced that its acquisition of Hawksmoor completed yesterday (1 March) having received regulatory approval from the Financial Conduct Authority.
The company, a subsidiary of The Carlyle Group, said that a number of key Hawksmoor shareholders, the majority of whom are staff, have agreed to roll over a portion of their holdings into shares in Hurst Point Group. Hawksmoor CEO Sarah Soar said: "Becoming part of the Hurst Point Group gives us support to grow and develop our investment and fund management business in line with our strategic objectives, as well as to improve our ability to deliver the highest quality service to our clients." Ian Gladman, executive chair of Hurst Point Group, added: "Hawksmoor's investment and fund ma...
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