On May 13th, 2020, Walter Global Asset Management, a globally diversified private equity platform that provides development capital and strategic expertise to exceptional boutique investment management firms, distributors and service providers to asset management industry, acquired a minority stake in Validus Risk Management Ltd., an industry leader in financial risk management with offices in both the UK and Canada.
This cross-continental partnership is Walter Global Asset Management’s second international investment and most significant capital allocation to date. This acquisition enables the firm to continue diversifying its portfolio boutique asset management firms and distributors, and align it with an innovative strategic services provider in the financial industry.
A Fasken team including Antonella Penta, Cristel Chabot-Lapointe, François Brais, Élise Renaud, Jean-Philippe Joyal, Jean-Philippe Mikus, and Michael Gardiner, acted for Walter Global Asset Management in connection with this transaction.
Jurisdiction
- Québec