SANLAM INVESTMENTS HOLDINGS TO ACQUIRE STAKE IN CATALYST FUND MANAGERS

Sanlam Investment Holdings, through an agreement will acquire an approximate 69% stake in catalyst fund managers (CFM) a specialist in managing listed real estate investments globally for retail and institutional investors.
The aim of the partnership is to diversify and strengthen Sanlam Investments current asset management capabilities and to allow CFM to remain on top of their game whilst being supported by Sanlam’s operational and retail distribution strength. The transaction is subject to the fulfillment of certain conditions, including regulatory approvals. In addition to the partnership with CFM, Sanlam investment management Holdings will acquire a 100 % stake in an Irish business CIG Fund management Company Limited, to complement the Group’s International investment management platform.

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