We are pleased to announce that Yorkway Partners has acquired a 25% interest in One Investment Group.
This partnership aligns One Investment Group with a credible and experienced organisation that will provide ongoing capital as we corporatise and grow our core businesses through organic growth and strategic deals. As part of the transaction Paul Batchelor, former chief executive of AMP, will join the board of One Investment Group as Chairman. The founders of One Investment Group remain fully committed and the partnership will allow them and the executive team to take the group to the next level and achieve $20 billion under management within 4 years.
We will remain truly independent and client focused and our strengthened balance sheet will allow us to pursue new opportunities as the industry goes through a period of consolidation.
Please click here to view the press release.