Azimut Holding S.p.A. Expands U.S. Presence with Acquisition of North Square Investments
Reuters
Jul 23
Azimut Holding S.p.A. Expands U.S. Presence with Acquisition of North <a href="https://laohu8.com/S/XYZ">Square</a> Investments
Azimut Holding S.p.A., one of Europe's largest independent asset managers, is set to expand its U.S. presence significantly with the acquisition of North Square Investments $(NSI.UK)$. The transaction, involving Azimut's U.S. subsidiary, Azimut US Holdings Inc., will see NSI rebranded as Azimut NSI, with its assets under management increasing to over $20 billion. This strategic move is aimed at capitalizing on North Square's distribution success and expanding product capabilities in asset classes such as global equity, private equity, and alternative investments. The acquisition underscores Azimut's commitment to establishing the U.S. as its second home market after Italy and is expected to finalize in early 2026, pending regulatory approvals.
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