LONDON, 3 February, 2016 – Baird Capital, the direct private investment arm of Baird, announced today that it has successfully exited its investment in London-based Alpha FMC. Alpha FMC is a leading international provider of management consultancy services to the asset and wealth management industries.
Baird Capital invested in London-based Alpha FMC in October 2013 and has since supported the management team's achievement of significant growth in revenue, profits and in the operating platform. During the period of Baird Capital's investment, the business increased consultant numbers from 99 to over 200 deployed currently.
Baird Capital's investment in Alpha was managed by two of its UK partners, Andrew Ferguson and Dennis Hall. Andrew Ferguson commented "Alpha is clearly now a leading global asset management consulting firm. It has been a pleasure working with Euan Fraser, Nick Baker and the rest of the management team and supporting their growth ambitions."
Alpha FMC Global Chief Executive Euan Fraser said, "We have greatly enjoyed working with Baird over the last two years and have hugely appreciated their support in growing our business. Baird provided very helpful input into both the strategic and operational development of the business working with us to focus on building our global footprint whilst helping implement the infrastructure platform to support the continued growth of the business. They have an open and direct approach and culturally were very well aligned with Alpha."
About Baird Capital
Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Having invested in more than 295 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in Asia, a proactive portfolio operations team and a deep network of relationships which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co. For more information please visit BairdCapital.com.
For additional information, contact:
Mark Foxwell, Cubitt Consulting
+44 20 7759 1194