M and A

Cazenove Capital Acquires Private Client Rival – Report

Nick Parmee, 11 December 2009


London-based private wealth and investment manager Cazenove Capital Management has bought its private client competitor Thornhill for an undisclosed sum, according to the Financial Times.

Cazenove Capital Management demerged from the Cazenove group when the latter undertook a joint venture with JP Morgan in UK investment banking in 2005.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes