Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Dexion Capital changes its name to Fidante

Monday, March 21, 2016
Opalesque Industry Update - Following Fidante Partners’ acquisition of Dexion Capital Holdings Limited in July 2015, the combined business announces that it is rebranding as Fidante Partners.

The business will operate as Fidante Partners and Fidante Capital. It comprises an international investment management business which is fully owned by Challenger Limited, an Australian securities exchange-listed company with a market capitalisation of AU$4.7bn (US$3.6bn) 2 and AUM of AU$57.6bn (US$42.0bn).

With funds under management of AU$41.6bn (US$30.3bn), Fidante Partners is an investment management company that partners with specialist asset management firms.

Fidante Partners provides access to high quality products across a variety of strategies. This is achieved through:

  • Raising and servicing investor capital for specialist asset managers via listed (through Fidante Capital) and unlisted fund vehicles; and
  • Forming long-term strategic alliances with specialist asset management teams to develop and grow their business.

Phil Peters, Managing Director of Fidante Partners said: “We have made significant progress in bringing the two businesses together since the acquisition last year. Today’s announcement is the culmination of a process that makes us well placed to increase our international distribution capabilities and expand our range of products. By adopting a “one brand” strategy, we can focus on growing and delivering one international investment management business.”

“We are confident that we can build on Fidante Partners’ current model of growing best in-class, specialist asset management firms and enabling them to focus on what they do best: manage investment portfolios.”

Robin Bowie, Executive Director of Fidante Partners said: “The Dexion name and our experienced capital markets team has long been associated with partnering with high calibre managers to provide investors with access to alternative investment strategies in a listed structure, and we look forward to further developing those capabilities under Fidante Capital. Joining forces with Fidante and being part of the successful Challenger Limited group will enable us to provide our investors and managers with an expanded service offering and wider distribution capabilities.”

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1