Warakirri AM buys 50% in Flinders Investment

flinders investment partners emerging companies Andrew Mouchacca

25 June 2020
| By Oksana Patron |
image
image
expand image

Warakirri Asset Management has announced it has entered a strategic partnership with Flinders Investment Partners which will see it acquire 50% of Flinders and provide capital to support its further growth through its suite of services such as administration, marketing and distribution. 

Flinders was set up in 2015 and was a small companies specialist manager, responsible for the Flinders Emerging Companies fund. The investment team include Andrew Mouchacca, Richard Macdougall and Naheed Rahman.  

“We are excited to announce this partnership as we build out our multi boutique platform and importantly it provides Warakirri with a complimentary investment offering and diverse client base,” Jim McKay, Warakirri managing director, said. 

“Our investment will ensure Flinders’ ongoing success and importantly enable the investment team to continue to focus on delivering top quartile returns for small cap investors.”  

Berkshire Global Advisors served as investment banking advisor to Warakirri on this transaction. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 day 17 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

5 days 23 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 5 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 days 21 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days ago