International investment bank Goldman Sachs has invested in a 34.8% stake in Barrie & Hibbert (B&H), a provider of asset modelling and associated consulting services to the European insurance, pensions and fund management industries.
Barrie, chief executive of B&H, said: “After a period of consultation and review of our options we have decided that these initiatives outlined today present us with the optimal route to take the company and our services onto the next phase of development.
“We know how important our products are to our customers. This new investment will allow us to continue enhancing and developing these products and our support infrastructure in order to meet growing and sophisticated demands from our clients.”
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