Walter Global Asset Management (WGAM), the Walter Group's private equity firm focused on asset management, has acquired a minority stake in Quadra Capital Partners (Quadra Capital) – an asset management firm specialising in alternative investments, with offices in London, Paris and Madrid.
"The Quadra Capital team has impressive experience and a proven ability to establish strong business relationships with prestigious clients in Europe, from large organisations to family offices," says Sylvain Brosseau, president and CEO, Walter Global Asset Management. "Meanwhile, we will support Quadra Capital here in the North American market, particularly when it comes to developing these same types of influential relationships."
To help the partners achieve their objective of accelerating Quadra Capital's growth, WGAM will leverage its extensive distribution network of institutional and family investors, and help form strategic alliances with portfolio managers to diversify Quadra Capital's offering. In addition to WGAM's injection of capital, its parent company, Walter Financial, will invest directly in specific Quadra Capital funds.
Quadra Capital sought the city of Montréal as a base for its first foray into the North American market. Its office here will be headed by the firm's CEO and founding partner, Guillaume Touze, who also becomes partner of European development at WGAM. This new position now establishes a European presence within the Walter Group ecosystem.
"Our alliance with Walter Global Asset Management means we have a first‑rate partner for our expansion into the North American market," says Guillaume Touze. "Supported by WGAM's entrepreneurial spirit, we can now bridge the Atlantic – something that is all too rare in the field of asset management. Offices on both continents enable us to confidently meet the needs of institutional investors and high‑net‑worth individuals on either side of the ocean."
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