Mason Stevens acquired by Adamantem Capital

Platform provider, Mason Stevens, has accepted and entered into a binding agreement to be acquired by private equity firm, Adamantem Capital.
Adamantem Capital boasts over $2 billion in funds under management (FUM), with Mason Stevens’ managed accounts solutions and digital platform identified as a core reason for the transaction.
Mason Stevens chief executive, Tim Yule, said the deal was “an exciting development” for the company which will “deliver significant value and benefits for clients, employees and shareholders”.
We are excited to partner with Adamantem Capital, who will enable us to take our business to the next level and further our growth,” he said.
“This investment will allow us to accelerate our strategy, enhance our product offerings, and deliver even greater value to our clients.”
It is understood that the transaction will pave the way for Mason Stevens to continue enhancing its suite of products and solutions for financial advisers and wealth practices.
“We have admired the business for some time and are attracted to its unique and valuable digital platform and investment service offering,” Georgina Varley, Managing Director at Adamantem Capital, said.
“We are excited to partner with the Mason Stevens team and to invest behind a strong strategic growth agenda.”
So someone in India who isn't licensed provided personalised financial advice and ASIC's response is to tell them to be…
Seeking Regulatory relief from Regulation. Industry Super Funds want to control $1.6 Trillion $$$ and ever growing with almost zero…
If Kalkine has officially been released and operates under a legitimate license to provide general advice, it raises an important…
Not sure what they're seeking regulatory relief from. In my view is they get tickled with a warm lettuce leaf…
Will they ever be named & shamed, fined and banned for life ??? Unlikely hey ASIC & APRA, especially for…