Private equity will continue snapping up investment platforms - Cerulli

PE ownership up 13 percentage points

Sophie King
clock • 2 min read

The UK platform sector has seen several cases of private equity (PE) buy-outs in recent years, and that trend it set to continue, research by Cerulli Associates has found.

For the most part, private equity focus has been on buying mid-sized advised platforms, a trend Cerulli, which provides data for asset and wealth management firms, predicted will continue. According to the data firm's latest issue of The Cerulli Edge - Global Edition, PE ownership of platforms has increased from 2% of the market to 15% over the past five years. Convenient exit or client sacrifice? Private equity's £3bn march into advice and wealth management Cerulli said that opportunity for PE firms lies in consolidation. There is a high proportion of smaller firms that have decen...

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