Walter GAM inks partnership with European quant firm

Transaction builds on firm's success in Canada through unique approach to alternative multi-asset solutions

Walter GAM inks partnership with European quant firm

Walter Global Asset Management (Walter GAM) has announced a new strategic partnership with one of Europe’s leading quantitative asset management firms.

The globally diversified private equity platform has acquired a significant minority stake in LFIS Capital (LFIS), marking its third European investment. With its expertise and track record in supporting high-growth asset management businesses, Walter GAM aims to help LFIS expand its strong footprint among Canadian institutional clients to investors across North America.

“When forging Walter GAM's long-term partnerships, we pay particular attention to a firm's growth potential and the calibre of its people – and LFIS stands out in both respects,” said Sylvain Brosseau, CEO and founding partner of Walter GAM.

Since its inception in 2013, LFIS has cultivated a reputation for innovatively blending investment banking and asset management expertise. Managing US$11 billion in assets for clients worldwide, the firm aims to build on its success in Canada through the transaction with Walter GAM, which will leverage LFIS’ capacity to deliver its expertise through managed accounts.

“The experience and expertise of Walter GAM's team of seasoned professionals will be a major boost to our expansion efforts, and we look forward to what the future holds,” said LFIS co-founder and CEO Arnaud Sarfati.

“Thanks to the relevance of our cross-asset, cross-instrument approach, the confidence of our clients and partners, and the dedication of the LFIS team, we are now an established business well positioned for the next stage in our evolution,” said Sofiène Haj-Taïeb, co-founder and president of LFIS.

LFIS achieved its initial growth with help from a minority investment by the La Française Group (LFG), a global asset manager headquartered in Paris. LFG exited its minority stake in LFG on November 30, 2020, and will continue to provide certain support functions to LFIS through 2022.

“The culture and expertise of their first-class team and LFIS' unique approach to alternative, multi-asset and dedicated solutions provide a foundation for long-term success,” Brosseau said. “Our team is very excited to accompany LFIS in this new chapter of its global development.”

The transaction between LFIS and Walter GAM has yet to receive regulatory approval.


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