iM Global Partner announced the acquisition of a non-controlling minority stake in London-based investment boutique, Trinity Street Asset Management LLP.
Founded in 2002, Trinity Street is a specialist independent investment firm managing active Global and International equity portfolios. It employs a disciplined, fundamental research approach to investing in companies undergoing positive structural changes that it believes are under-recognized by the market. It is committed to concentrated, long-term investing with a focused, style-agnostic approach. In addition to its London headquarters, Trinity Street has an office in New York and employs 28 professionals. The firm is led by an experienced team that has worked together cohesively for a long period of time and has consistently delivered superior returns for a diversified set of institutional clients globally.
After the closing of the transaction, the Trinity Street partners will continue to hold the substantial majority of the equity of the firm and to operate the firm independently.