Walter acquires minority stake in LionGuard Capital Management
Walter Global Asset Management has acquired a minority stake in LionGuard Capital Management, a Montréal-based asset management firm. Terms weren't disclosed for the deal, which includes direct allocations toward LionGuard-managed funds. Founded in 2014 by President, CEO and CIO Andrey Omelchak, LionGuard specializes in research on small and medium capitalization companies. The partnership with Walter will allow the business to expand its teams across research, operations and client-servicing divisions. LionGuard is the first deal of Walter, a private equity platform focused on North America's asset management sector. Launched in 2018, the platform is an affiliate of Canadian family office Walter Group of Cos.
1 May 2019•3 mins read
