Vontobel Completes Acquisition of a Significant Minority Stake in Private Infrastructure Manager Ancala
Summary
Ancala is led by a senior team of partners who have extensive experience investing in and adding value to infrastructure assets across a broad range of economic cycles and essential sectors.This transaction bolsters Vontobels strong conviction in offering clients diversified, active strategies with long-term growth potential. As the global infrastructure market is growing rapidly, catalyzed by the need to replace aging infrastructure and the increase in governments infrastructure-focused bills, the transaction provides Vontobel with the capabilities to access opportunities resulting from these tailwinds and offer increased diversification for clients.Ancala will continue to be run independently on a day-to-day basis by its management team, led by Managing Partner Spence Clunie, and will retain independence over its investment and governance processes. Harnessing the power of technology allows us to deploy our investment expertise across multiple platforms and ecosystems, while aiming to offer an individualized and high-quality client experience. Our conviction that successful investing begins with the assumption of personal responsibility means we focus on empowering employees to unlock their potential, take ownership of their work, and bring opportunities to life. The information and views contained in it do not constitute a request, offer, or recommendation to use a service, to buy or sell investment instruments, or to conduct other transactions.