Gartmore Group

Gartmore Group Limited was a British-based investment management business. It was listed on the London Stock Exchange.

History

The company was founded in 1969 by British & Commonwealth and acquired by Banque Indosuez in 1989.[2] It was first listed on the London Stock Exchange in 1993.[2] It was then bought by NatWest in 1996 and by Nationwide Mutual Insurance Company in 2000 before becoming part of the investment portfolio of Hellman & Friedman, a private equity fund, in 2006.[2] It was re-listed on the London Stock Exchange in December 2009.[3]

Henderson Group announced its acquisition of the company in January 2011.[4]

Operations

The company had £22.2 billion of assets under management as at 31 December 2009.[1]

References

  1. Preliminary Results for the year ended 31st December 2009 Gartmore Group Limited, retrieved 2010-03-09^
  2. Gartmore: under new ownership Hedgefund Journal, 1 June 2006^
  3. Gartmore IPO looks opportunistic Daily Telegraph, 23 October 2009^
  4. Henderson agrees to buy Gartmore for £335.3m Daily Telegraph, 12 January 2011^