Premier Miton Group plc (LON:PMI) has announced the acquisition of Tellworth Investments LLP, a leading UK equity boutique with assets under management of £559m as at 30th September 2023. Tellworth, which offers both long/short and long only strategies to wholesale and institutional clients, was established in 2017 by Paul Marriage and John Warren, with the support of a minority shareholder, BennBridge Hold Co Ltd.
The acquisition is in line with Premier Miton’s stated inorganic strategy of buying complimentary asset management platforms with industry expertise and product diversification as part of a wider commitment to continue to invest in growth opportunities.