Following the completion of the merger of London-based ACP Partners and South Africa's TriAlpha Investment Advisors the newly combined entity will now be known asACPI Investments.

ACPI offers internal asset management across fixed income, equity, asset allocation and funds of hedge funds. The firm said in a statement that it hopes to bridge the gap between traditional investment banks and family office firms.

“In ACPI we have created a business ideally suited to exceed the levels of client service and investment performance required for today’s challenging asset management environment. Market conditions have created an historic opportunity in the asset management industry and ACPI is ideally placed to take advantage of this,” said Alok Oberoi who, together with Brett Lankester, is the joint  chief executive of ACPI. Both co-CEOs are ex-Goldman Sachs managing directors.

ACPI has recently made several new appointments: Luigi Bellini, a former managing director at Bear Stearns, has joined the firm to build its institutional and family office business; formerly of Goldman Sachs, Jeremy Singer is now head of the private client business at ACPI.

In addition, Gianluca Bencivenni, also from Goldman Sachs, where he worked for seven years, will be head of trading and portfolio management for the private client and family office business.

ACPI has funds under management of approximately $2.5 billion, as at 30 June 2009.

“The merger of ACP and TriAlpha has created a far more powerful offering to investors. We are committed to working with both private clients and institutions, and appointments such as Luigi and Jeremy signal our ambition to dynamically expand our business,” said Mr Lankester.