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Under the terms of the agreement,
Link Financial Group was established in the
“We are very excited to announce our strategic partnership with
“With its highly complementary areas of investment expertise, global network spanning 100 offices in over 30 countries, strong distribution and capital strength, we are convinced that
“We are pleased to partner with LCM, a market leader with an established track record of strong investment performance and long-term client relationships,” said Ralf Rank, Managing Partner, Brookfield. “We look forward to working closely with LCM’s management team to support the growth of its platform via expansion into new markets, diversification of its product offering, and through pursuing investment opportunities leveraging the capabilities of both firms.”
Link Financial Group will continue to operate independently under the leadership of the existing management team who remain focussed on delivering excellent investment performance and best-in-class loan servicing for its clients.
The transaction, which is expected to close during the next quarter, is subject to customary regulatory approvals and closing conditions. The financial terms of the transaction have not been disclosed.
Spencer House Partners LLP acted as financial adviser to Link Financial Group.
Media Enquiries:
LCM Partners:
James Hogan
T: +44 203 198 8637
[email protected]
Paul D Burdell
T: +44 203 457 5050
[email protected]
Claire Holland
T: +1 416 369 8236
[email protected]
Notes to Editors:
About LCM Partners
LCM is a leading European alternatives asset manager based in
LCM has won several investment industry awards, including the European Pensions’ Alternatives Investment Manager of the Year 2017, which followed a double win at Private Debt Investor’s 2016 awards as European Distressed Debt Manager and European Fundraising for the year. These awards are testament to the track record the team has built, delivering an unleveraged IRR of 14.8% since 1999.
LCM is currently deploying capital for its LCM Credit Opportunities III strategy, for which fundraising closed in 2016 and launched its Strategic Origination and Lending Opportunities strategy ‘SOLO’ in March 2018.
For more information, please visit LCM’s website at www.lcmpartners.eu.
About Link Financial
Link provides European financial institutions, investors and other credit providers with loan management, debt purchase and standby servicing solutions. Link manages approximately 3 million customer accounts and €25 billion of corresponding assets, and employs some 700 people across 10 European offices.
Link was one of the founding members of the modern credit and collections industry in
Link’s proprietary operational platform allows its business to service a range of asset types from within and outside the financial services industry.
For more information, please visit Link’s website at www.linkfinancial.eu.
About
Brookfield Asset Management Inc. is a global alternative asset manager with over
Brookfield offers a range of public and private investment products and services, and is co-listed on the New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and BAMA, respectively.
For more information, please visit the company’s website at www.brookfield.com.
Source: Brookfield Asset Management Inc; LCM Partners
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