Print this article
Signia Secures Direct Investment Deal As Part Of Growing Trend
Sandra Kilhof
9 August 2013
, the UK-headquartered
wealth management boutique, has helped advise EME Capital on its offer for
Theo Fennell, as well as helping introduce co-investors to the acquisition of
Mirfield 1964. Both deals are examples of direct investments, an approach which is
gaining momentum in the industry, the firm said. These types of deals are part of
Signia’s entrepreneurial strategy, which provides investment opportunities to
clients which prefer direct investments in private equity, the firm said. According to the firm, the majority
of its clients are entrepreneurs who tend to favour direct investments because
they want a deeper level of involvement in how their money is managed and
invested. “In addition, having been involved in
businesses all their lives, clients have an in-depth understanding of asset
classes such as private equity, and tend to gravitate towards direct
investments where they can see tangible results”, Nathalie Dauriac, chief
executive officer and founder of Signia Wealth, told this publication. As an asset class, Signia has
invested around £300 million in private equity over the last three years providing
services that ensure transparent investments. Illustration Dauriac considers the Theo Fennell
transaction “a powerful illustration” of a direct private equity offering,
which clients with an interest in ethical investing are tending to lean
towards. “It demonstrates how our unique
approach to investment fosters bespoke business relationships you rarely find
with more prescriptive wealth management offerings,” she added. In this respect, matching clients
with the right investments, which can accommodate growing ethical demands is a contemporary
challenge for Signia Wealth. For that reason, the firm has created an advisory board with experienced industry experts like Jon Moulton, John Caudwell, Sir
Keith Mills and Mike Balfour. The aim is for the firm’s wealth management team
to draw on the expertise of the board in order to provide for appropriate
investments and sound advice. “Our team at Signia Wealth works in
synergy with our advisory board and has forged a network of well-known
businesspeople, clients and professionals”, Dauriac added. According to the Signia head, the
firm often come across opportunities that larger institutions would not have
access to. She puts this down to the firm’ strategy of looking to source deals
where the founder shareholders have themselves aligned their interests with
potential clients. “As a result we are able to present
our clients with new and niche opportunities that few people would come across
without access to some of Britain’s
top professionals,” Dauriac concluded. Signia Wealth was established in
March 2010 and has since then made a number of appointments in order to bolster
its expertise as a financial advisor to clients in the ultra high net worth
arena. Notably, the recent hire of former Schroders UK Private Bank chief
executive officer, Rupert Robinson, as head of wealth management, was a bit of
a coup for Signia. Since its launch the firm has grown its business by
focusing on ultra high net worth individuals with a preference
for direct investments. This has allowed the firm to reach over £2 billion in
assets under supervision, as of 31 May 2013.