Henderson Global to acquire Milwaukee investment firm
Special to The Freeman
June 30, 2014
MILWAUKEE – Geneva
Capital Management Ltd. has agreed to be acquired by London-based
Henderson Global Investors Ltd.
Geneva, a Milwaukee investment firm, manages $6.3 billion of client
assets, according to a statement. The company has 25 employees and
will continue to operate in Milwaukee.
The transaction is expected to close Oct. 1.
"The team at Geneva is excited to join Henderson. With the backing
of a strong international partner who is very supportive of our
existing investment strategy and platform, we look forward to taking
our business to the next stage of its development,” said Amy Croen,
co-founder and managing principal of Geneva.
According to the statement, the acquisition will increase the amount
of money managed by Henderson in the U.S. to about $8 billion.