(CercleFinance.com) – Alongside the publication of its annual results, Amundi announces the signing of a firm agreement to acquire Alpha Associates, an independent asset manager based in Zurich, offering multi-management investment solutions in private assets.
The acquisition should position Amundi as a leading European player in this field, with a team of more than 70 experts, assets of around 20 billion euros, an expanded multi-management offering and client and geographic coverage. improved.
The group expects from this transaction, which should be finalized by the third quarter of 2024 subject to regulatory approvals, a return on investment greater than 13% after three years, including revenue synergies.