European private equity investor Nordic Capital has acquired Ascot Lloyd, an independently-owned independent financial advice (IFA) firm.
Nordic Capital will buy Ascot Lloyd from Oaktree Capital Management, alongside the interests of Ares Management Corporation, subject to regulatory approval.
Oaktree first invested in the business since 2013 and acquired Ascot Lloyd in 2017.
During this time, Ascot Lloyd has reached £9.8 billion in funds under inf...
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