Walter Global Asset Management (Walter GAM) announced an investment in Saranac Partners. This independent European multi-family office delivers personalized advice across a broad spectrum of wealth management services to help ultra-high-net-worth individuals and families deploy/access capital.
With a new minority stake in the leading London and Madrid-based firm, Walter GAM gains another foothold in Europe and adds a new high-potential company to its diversified portfolio.
Launched in 2017, Saranac offers high-net-worth individuals and families the services of a team of independent and multidisciplinary experts dedicated to protecting their interests. With a solid infrastructure and a team of 50+ seasoned professionals, Saranac is a partner of choice. It provides client services through an investment platform, an outsourced CIO office (OCIO), financing, and other solutions.
KEY QUOTES:
“Saranac has quickly established a prominent position in the ultra-high-net-worth market segment which is rapidly growing around the globe. We are confident that Saranac is strongly positioned for growth, thanks to the quality and depth of its team, as well as the best-in-class investment infrastructure that the firm has put in place, which will allow the team to continue to scale its client base.”
- Sylvain Brosseau, CEO and Founding Partner at Walter GAM
“We identified Walter GAM as a preferred partner because of our shared vision of long-term partnership and collaboration. The Walter GAM team has also demonstrated a deep understanding of our business, which will be key in helping us implement our business plan to drive growth.”
- Michelle Witter, Co-Chief Executive at Saranac
“In Walter GAM we have found a partner that shares our culture, ambition, and ethos. We look forward to working with the team and the broader ecosystem as we grow and scale the business.”
- Richard Berliand, Chair at Saranac
