Lansdowne Partners acquisition

Lansdowne Partners will acquire CRUX Asset Management, a UK-based equity investment boutique. 

The firms hope the deal will "broaden and enhance Lansdowne's UCITS capabilities" and enable CRUX to benefit from access to "Lansdowne's world-class operational infrastructure and equity expertise."

Richard Pease, the founder of CRUX and manager of its TM CRUX European Special Situations Fund and TM CRUX European Fund, will retire following compl...