Avendus to acquire UK-based Ocean Dial Asset Management

Date posted: Thursday 10 August 2017

Financial services firm Avendus Capital is acquiring UK-based Ocean Dial Asset Management, a move which will help boost its asset management business and bring in clients from other parts of the world. Avendus has signed a binding agreement to acquire the 100 per cent shareholding from Raju Shukla, chairman and managing director, Ocean Dial Investment Company and the management team. The deal value was undisclosed.

(Financial Express)