Gartmore Group
Gartmore Group Limited was a British-based investment management business. It was listed on the London Stock Exchange.
 | |
| Type | Public |
|---|---|
| LSE: GRT | |
| Industry | Investment management |
| Fate | Bought by Henderson Group in 2011 |
| Founded | 1969 |
| Headquarters | , |
Key people | Andrew Skirton (Chairman) Jeffrey Meyer (CEO) |
| Revenue | £278.3 million (2009)[1] |
| £53.1 million (2009)[1] | |
| £47.6 million (2009)[1] | |
| Website | www.gartmore.com |
History
The Company was founded in 1969 by British & Commonwealth and acquired by Banque Indosuez in 1989.[2] It was first listed on the London Stock Exchange in 1996.[2] It was then bought by NatWest in 1996 and by Nationwide Mutual Insurance Company in 2000 before becoming part of the investment portfolio of Hellman & Friedman, a private equity fund, in 2006.[2] It was re-listed on the London Stock Exchange in December 2009.[3]
Henderson Group announced its acquisition of the company in January 2011.[4]
Operations
The Company had £22.2 billion of assets under management as at 31 December 2009.[1]
References
- "Preliminary Results for the year ended 31st December 2009". Gartmore Group Limited. Retrieved 9 March 2010.
- Gartmore: under new ownership Hedgefund Journal, June 2006
- Gartmore IPO looks opportunistic Daily Telegraph, 23 October 2009
- Henderson agrees to buy Gartmore for £335.3m Daily Telegraph, 12 January 2011
External links
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