NEW YORK, May 21, 2021 /PRNewswire/ -- Lionpoint
Group, an award-winning global technology enablement and operations
advisory firm, is now part of Alpha FMC, plc, a UK-AIM listed
company (AIM. AFM). Lionpoint's acquisition by Alpha will help grow
the former's geographical reach, breadth of services to alternative
investment managers, investors, and advisors, and range of
clientele to include multi-strategy clients who combine traditional
and alternative assets. By joining forces, both firms will
complement each other's capabilities as alternative investment
firms increasingly permeate retail investors and other traditional
asset managers, dramatically reshaping client
requirements.
"Lionpoint is a fantastic addition to Alpha and closely aligns
with our strategy to grow our capabilities in the rapidly growing
alternative investment space and our footprint in North America," said Alpha global chief
executive officer Euan Fraser. "It
brings to the table a complementary blue chip client base, leading
technology solutions and key vendor partnerships, and a strong
global management team and culture that will help double the
business in four years. We look forward to growing our businesses
together."
Under the terms of the acquisition, co-founders Nick Moore and Jonathan
Balkin will continue to lead the Lionpoint team comprising
more than 120 operations and technology consultants, spread across
five international offices in New
York, Denver, London, Geneva, and Sydney. "We believe Lionpoint's expansion into
new geographies couldn't have happened at a better time or with a
better firm," Moore said. "As a management team we are excited to
become part of a firm whose core values align with Lionpoint's and
underpin a culture of innovation."
Jonathan Balkin added: "This
partnership is in direct alignment with the changes we're seeing in
the industry. Our capabilities are expanding to help alternative
investment managers stay ahead of rapid industry changes and
uncover new opportunities by providing specialized strategy,
operations and technology expertise. Together, Alpha and Lionpoint
can provide more comprehensive and innovative data and technology
solutions as the marketplace shifts to a multi-strategy approach to
asset management."
Lionpoint is a certified implementation partner of over 20
specialist private markets technologies and was awarded
Europe's Best Technology Advisory
Firm Award for 2021 by Private Equity Wire.
Reed Smith LLP served as legal advisor and Equiteq as investment
banker to Lionpoint Holdings throughout the transaction.
About Alpha FMC (www.alphafmc.com)
Alpha FMC is a leading global provider of specialist consultancy
services to the asset management, wealth management and insurance
industries. With over 430 consultants across twelve offices
spanning the UK, Europe,
North America and Asia, Alpha has the largest dedicated team in
the industry. Alpha has provided consultancy services to over 400
clients, including 85 per cent. of the 20 largest global asset
managers by AUM and a range of other buy-side firms.
About Lionpoint
(www.lionpointgroup.com)
Lionpoint Group is a leading global consulting firm delivering
operations transformation and technology enablement solutions to
the alternative investments market. Our consultants have domain
expertise across private equity, real estate, infrastructure, and
private debt. Our core services include strategic advisory,
operating model optimization, technology roadmap and solution
selection, and systems integration to solve the complex operational
and technology challenges across the front, middle, and back
office.