Arc Fund Management last month acquired UK distributor Nvesta in a deal worth £410,000. Nvesta is estimated to have about £120 million in funds under management and the acquisition represents a massive increase in Arc's assets under management from its previous level of £25 million. The firm will now be known as Arc Capital and Income, and incorporates employees from Nvesta and Arc Fund Management.
Arc Capital hopes to grow its assets under management to £500 million by the end of the year by
The week on Risk.net, July 7-13, 2018Receive this by email