Financial adviser to Osmosis on its minority sale to Nikko AM.
Nikko Asset Management Co., Ltd. (“Nikko AM”) and Osmosis (Holdings) Limited (“Osmosis”) entered into a legally binding strategic partnership which will see Nikko AM take a minority stake in the London-based sustainable investment firm.
Key features of the agreement:
Nikko AM to take minority stake in Osmosis Investment Management
Nikko AM to be given exclusive distribution and client service rights in the Asia-Pacific region (excluding Australia and New Zealand) as well as the Middle East for Osmosis investment products and strategies
Nikko AM to take a seat on the Osmosis board of directors
Acquisition is subject to regulatory approval by the Financial Conduct Authority of the UK (FCA) and is likely to be completed by the end of April 2024
Osmosis launched in 2009 and is majority-owned by management and employees. The company currently manages over $13.6bn in sustainable assets and is headquartered in London, with a growing global presence. Osmosis believes that targeting better risk-adjusted returns and delivering significant environmental impact do not need to be mutually exclusive endeavours. Through its unique Model of Resource Efficiency, the company has demonstrated that sustainability metrics, if quantifiable and objective in nature, can be applied to mainstream equity portfolios to generate alpha.
With US$219.2 billion under management, Nikko AM is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of equity, fixed income, multi-asset, and alternative strategies. In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s leading exchange-traded funds (ETFs).
SHP acted as exclusive financial adviser to Osmosis.