Frontier founder and CEO Michael Azlen will retain a substantial equity interest in Frontier, which has $550m in assets under management.
Based on the terms of the agreement, Azlen will remain leading the Frontier business, as well as he will join Gottex as a senior executive in its multi-asset business.
Acquisition of the UK’s multi-asset investment management firm will enable the acquirer to offer an array of liquid multi-asset products, based on the established endowment style model.
Further, Frontier’s liquid and UK regulated investment products pooled with Gottex’s existing active approach to macro markets will allow the integrated company to deliver products globally, with plans for regulated US and pan-European liquid multi-asset products under consideration.
Incorporated in Guernsey, with offices in Guernsey, Lausanne, London, Hong Kong, New York, Boston, Luxembourg and Zurich, Gottex group offers investment management services to hedge funds, multi manager and multi-asset.
