Aqualands AL Capital acquires Peridot Investment Management
Summary
The deal will see Vincent Hua, PIM’s founder, Executive Director and Chief Investment Officer, joining AL Capital as a key senior leadership team member to oversee the growth strategy. Al Capital says that this acquisition, together with a partnership with Equity Trustee (EQT), will enable the company to offer retail-compliant products to its expanded client base. “Now, we’ll also be able to leverage the complementary capabilities between Vincent and his team and our existing resources to achieve bigger and better returns for our Investors,’ says Mr Mo. Emphasising a bond founded on shared values and commitments, Vincent Hua says he is excited to join the AL Capital family. “It’s going to be exciting times ahead with the acquisition creating really compelling offerings for our combined client base,” says Hua.