Eightstone and Oclaner Asset Management have joined forces to set up an independent wealth firm based in Singapore.
The deal was completed via an all-stock transaction and the financial terms of the deal were not disclosed.
The combined company will be named Eightstone Oclaner.
The firm will be primarily focused on managing multi-asset and credit investment strategies for high net worth individuals and family offices, as well as providing independent advice to international families on wealth structuring.
It has a CMS licence supervised by the Monetary Authority of Singapore.
Growth plans
“The merger is rooted in our continued commitment to provide independent investment solutions to our clients,” said Ivo Bartoletti, founder of Oclaner.
“Our companies are similar in their business model and client base, yet have multiple areas of synergies that go beyond economies of scale.
“Combining our strengths translates into greater intellectual firepower and greater diversity of skills.”
Cyril Malapert, co-founder of Eightstone, said: “It seemed natural that joining forces would present efficiencies and new growth opportunities in our expanded network.
“Leveraging our strengths will enable us to tap into new markets while continuing to deliver consistent returns for our clients.”
Management team
Eighstone Oclaner will be spearheaded by Malapert as chief executive, while Bartoletti will be vice chairman of the board of directors.
Additionally, Sylvain Baude and Oliver Destandau will jointly lead the company’s investment team as co-chief investment officers.
