AssetCo seeks AIM capital raise as Gilbert named chairman

Peter McKellar and Tudor Davies to join board

Mike Sheen
Martin Gilbert.

Martin Gilbert.

Martin Gilbert is set to be named chairman of AssetCo as the business looks to raise capital on the AIM sub-market of the London Stock Exchange, with the intention of engaging in further merger and acquisition (M&A) activity, amid an “active pipeline” of asset and wealth management targets.

A 15 April general meeting will see investors confirm Gilbert's appointment as chairman, as well as that of former global head of private markets at Standard Life Aberdeen Peter McKellar as deputy chairman...

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