LocalTapiola Group to acquire Seligson & Co

After the acquisition, fund management company Seligson & Co will continue operating as before, the group announces. The company today manages assets worth approximately EUR 2bn, whilst LocalTapiola's assets total EUR 10bn.

Samu Anttila, Director at LocalTapiola and Ari Kaaro, Managing Director at Seligson & Co. | Photo: PR LocalTapiola and Seligson & Co.

by REETA ILONA PAAKKINEN

Finland's LocalTapiola Group is acquiring fund management company Seligson & Co for an undisclosed sum. The acquisition is pending regulatory approval.

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LocalTapiola Group to acquire Seligson & Co

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LocalTapiola opens illiquid funds of funds: "Institutions are looking to transfer more assets into illiquid investments"

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