Alvarium buys final 49% stake in Pathfinder

Ben Gough's Alvarium joint venture has taken control of responsible investment specialist Pathfinder.

Thu, 18 Mar 2021

Alvarium Wealth – the joint venture between rich lister Ben Gough and UK global asset manager LJ Partnership – has taken over Pathfinder Asset Management after buying the remaining 49% of the company it didn't own.Pathfinder co-founders John Berry and Paul Brownsey will respectively become the chief executive and chief investment officers at Alvarium Wealth New Zealand. Brownsey and Berry will also take a 30% shareholding in the combined NZ wealth business that will oversee more than $500 million assets.The acquisition integrate...

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