Phoenix acquires Redington
Phoenix Equity Partners has acquired UK-based investment consultancy Redington.
The firm is currently investing from Phoenix Equity Partners 2016, which closed on £415m in July 2017. The fund was 40% deployed as of April 2018. The firm acquired asset manager Mobius in May 2019.
Redington's founders will remain involved and the management team will continue to lead the company.
Company
Based in London and founded in 2006, Redington advises institutional investors in the UK, Europe and China, and employs 170 staff.
People
Phoenix Equity Partners – Sandy Muirhead (senior adviser).
Redington – Mitesh Sheth (CEO).
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