David Esfandi, CEO CGWM UK
Canaccord Genuity Wealth Management UK (CGWM UK) has become the latest UK wealth manager to receive private equity investment.
HPS Investment Partners has agreed to buy approximately £125 million worth of shares, equating to 21.9 percent of CGWM UK. GGWM UK has £29.7 billion of assets under management and administration.
HPS is a global investment firm, headquartered in New York, which has over...