Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Citywire Private Office - the new online magazine

SandAire and Lord North Street to merge

SandAire and Lord North Street to merge

SandAire and Lord North Street are to join forces and the combined group will be led by new chief Alexandra Altinger, who joins from Lansdowne Partners.

Both of the firms will retain their own branding but the deal will see Lord North Street become a wholly owned subsidy of SandAire.

Alex Scott, SandAire’s founder, will become executive chairman of the combined group with Lord North Street founders William Drake and Adam Wethered assuming vice chairmen roles. Altinger, who joins as chief executive, most recently worked for Lansdowne Partners.

Wethered said: ‘Alex, William and I recognise the tremendous market opportunities for our business. To capitalise on this we felt that Alexandra will provide strong leadership to the new management team as it integrates the firms, enhances what we offer clients and then expands the business.’

Scott said that both firms’ founders will continue to play a key role in directing the combined group’s strategy and working with clients.

‘Indeed, this will free up our founders to have more contact with our clients, accelerate our ambitions for the business and create exciting careers for our people,’ he said.

SandAire was founded in 1996, while Lord North Street was launched in 2000. Both run money for a number of clients, along with endowments, including Oxford and Cambridge colleges. The combined group will have 50 employees and offices in London, Geneva and Singapore.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Wealth managers reveal the best investment ideas of the year

Wealth managers reveal the best investment ideas of the year

From robotics to impact investing, wealth managers share the best ideas they have heard this year.

Play Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.

Read More
Your Business: Cover Star Club

Profile: JM Finn on why the future is with financial planners

Profile: JM Finn on why the future is with financial planners

There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive

Wealth Manager on Twitter