
N+1 acquires Access from CapMan
N+1 Group has acquired a 50% stake in European fund-of-funds manager and adviser Access Capital Partners from Nordic asset management firm CapMan. The transaction will enable Access and N+1 to draw on significant synergies allowing Access to offer a larger range of alternative investment products. The firms will pool their commercial resources to create an international distribution platform thus ensuring a more effective coverage of certain investor segments while also ceasing opportunities outside Europe with particular focus on North America.
In 1999, CapMan helped launch Access and held a 47.5% stake in the company, selling a 12.5% stake to Access' managing partners in 2006. Based in Belgium, Access Capital Partners is a private equity fund-of-funds with EUR2.5bn under management and specialises in small to mid-market buyout and special situations funds, as well as later-stage and buyout funds in the technology space.
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