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FUNDRAISING NEWS | October 29, 2024
Tags: Private Equity, RIA
London-based boutique fund manager Loh-Gronager (LG) Partners has sold a minority stake to and scored an additional investment from fellow UK-based investor Ahluwalia Family Office (AFO), according to a press release published October 29.
AFO is LG Partners’ “first external investor partner,” with AFO investing $10M on top of its minority interest in the London firm. LG Partners said this brings AFO’s total investments to $25M as of October 18. Financial terms of the minority investment were not disclosed.
Harper James acted as legal advisor and Rawlinson & Hunter as financial advisor for LG Partners, while Fieldfisher provided legal advice to AFO.
View the press release here.
Written By: Dakota
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