Gravis Capital Management has announced it has entered into a strategic partnership with ORIX Corporation, a financial services group which will acquire a 70 perecent equity stake in the company. This partnership will enable Gravis to strengthen and expand its business.

Gravis will remain an independently managed and distinct business operating under its existing brand. Over the past 12 years, Gravis has invested in uncorrelated, income generating investments across the infrastructure, renewable energy, debt and real estate sub-sectors in the United Kingdom.

According to the firm, the transaction provides Gravis with a strong long-term shareholder that is supportive of its business focus and strategy. With the backing of ORIX, Gravis intends to grow its franchise and broaden its investment platform into Europe to serve the demand for private assets and responsible investing.

Gravis CEO, Rollo Wright, with the support of the Gravis executive committee, will continue to run the day-to-day strategy and operations. There will also be no change to any of the funds managed by Gravis.

“We are very excited about our strategic partnership with ORIX” said Mr Wright. “It offers us the very attractive combination of support to expand our capabilities, while preserving our business focus, organisational structure and investment culture providing long-term stability for our investors, business partners and employees.”

ORIX has grown a global asset management operation organically and through acquisitions, including the acquisition of Netherlands-based Robeco in 2013 and the acquisition of various asset management companies in the real estate finance sector in the United States.