SPAC deal to put Alvarium NZ on the Nasdaq

SPAC deal to put Alvarium NZ on the Nasdaq
Alvarium's office in Hong Kong. (Photo: Greater Group)
Dan Brunskill
Alvarium NZ is part of a multinational merger deal that will see the fund manager listed on the Nasdaq a part of a larger group, BusinessDesk understands.The boutique asset manager is the majority shareholder of Pathfinder Asset Management, Newton Ross, and a joint venture partner in the venture capital fund Nuance Connected Capital.The joint venture is with Tailorspace Limited, the family office of rich-lister Ben Gough known for his Christchurch property development.Alvarium Wealth pitches itself to sophisticated investors as a specialised we...

More Markets

Spark sells remaining Connexa stake for $314m
Markets

Spark sells remaining Connexa stake for $314m

The sale will result in a $70m gain on telco's books.

Ben Moore 11:45am
Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Neal Barclay to exit Meridian as CEO
Markets

Neal Barclay to exit Meridian as CEO

Current CFO Mike Roan will take Barclay's spot atop Meridian.

Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.