Capricorn investor group takes ‘significant’ equity stake in Raw
GUERNSEY-BASED asset manager Raw Capital Partners has sold a ‘significant’ equity stake in its business to private equity and hedge fund business Capricorn Capital Partners and a group of investors it put together.
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As part of the deal the company has also made multimillion-pound investments in Raw’s two flagship funds, the Raw Mortgage Fund, backed by UK property assets, and the Raw Sterling Cash Deposit Fund, a highly diversified bank deposits fund.
‘This is great news for Guernsey,’ said Raw CEO Richard Avery-Wright.
‘Our team has worked tirelessly for over five years to produce innovative products and services for clients.
