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Polar Capital completes Dalton Strategic Partnership acquisition

Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain. During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond. The managers will identify where they are seeing the biggest opportunities and risks at the moment in emerging markets and explain the role their strategies could play in client portfolios. Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points

Polar Capital snaps up Dalton Strategic Partnership for European push

Polar Capital snaps up Dalton Strategic Partnership for European push Acquisition will provide Polar with its first Luxembourg Sicav as it eyes European expansion Polar Capital has agreed to buy Dalton Capital, the parent company of £1.2bn European equities boutique, Dalton Strategic Partnership. The deal is for a total of £15.6m, comprising an initial payment by Polar of £8.3m, split between £7.8m cash and £500,000 in Polar shares, and a deferred cash payment of £7.3m to be paid 12 months after completion. Dalton Strategic Partnership is a London-based European equities specialist. It runs the £1.12bn Melchior European Opportunities fund and related segregated accounts, managed by David Robinson, as well as £120m of European long/short funds, managed by Leonard Charlton, and three smaller global and Asian funds, run by Nick Mottram.

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