Sarasin & Partners has bought Bread Street Capital, which was launched last year by the former Aberdeen Standard Investments (ASI) private equity heads Alex Barr and James Witter.
The deal will see Sarasin & Partners - which has £21bn in assets under management - build out a specialist private markets business under the name Sarasin Bread Street, led by both Barr and Witter. Sarasin Bread Street will add private markets investment and product structuring capability to Sarasin & Partners' existing asset and wealth management platform, according to the firm. Ex-ASI pair launch private markets investment firm The former ASI duo Barr and Witter will focus on building the investment programme and strategic growth, becoming partners of Sarasin & Partners as well. ...
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