Italian AM expands to US

Category: ABS CLOs RMBS

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Sector developments and company hires

Azimut expands

Italian asset manager Azimut has established a US-based operation named Azimut Alternative Capital Partners (AACP), with the purpose of investing in GP stakes of alternative managers specialised in the private markets space. Concurrently, it signed an investment and shareholder agreement with AACP’s new ceo Jeffry Brown to execute a 10-year business plan, which aims to build a leading private markets strategic permanent capital solutions provider and business operator.

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