The UK mid-market private equity house Dunedin has announced that it has made an £80 million investment in Alpha Financial Markets Consulting (“Alpha”) which will assist with the consulting firm’s continued growth into new sectors and new territories worldwide.
Founded in London in 2003, Alpha is a leading global asset and wealth management consulting firm which offers specialist consultancy services to blue chip asset and wealth managers and their third party administrators. The global market leader in the sector has over 200 consultants operating across six major financial hubs (London, New York, Boston, Paris, The Hague and Luxembourg). Three quarters of the top 50 global asset managers are within the approximately 130 asset and wealth management clients that Alpha currently advises. In the last three years, the company has undergone rapid growth with profits growing from £2.3 million in 2013 to the current £8 million.
The significant investment from Dunedin will support Alpha’s expansion plans of increased presence in current markets, international growth and further penetration of new market segments. Parallel to the expansion, the firm plans to attract and appoint new additions to Alpha’s strong team of high-level consultants.
Global Chief Executive Officer Euan Fraser said: “Alpha has enjoyed spectacular growth in all of our core locations over the last few years as we have established ourselves as the go-to consulting firm for our global asset manager clients. This deal with Dunedin is a fantastic recognition of everything our team has achieved.”
Mark Ligertwood (Partner), Oliver Bevan (Partner) and Andrew Davidson (Associate) were leading the deal for Dunedin while Steve Carr and Chris Birt at Lloyds Bank Commercial Banking provided senior debt to support the transaction.