GenCap Portfolio Management, a US-based investment management firm, has selected Sanctuary Wealth Services to expand and support its business.
As part of the deal, Sanctuary will provide GenCap with strategic, operational, compliance and marketing support.
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Sanctuary Network currently manages more than $2.2bn in assets under management with 23 advisors.
GenCap provides four portfolios including the Equity Income Risk Managed portfolio for income, Cash Capture Portfolio for capital appreciation and income, Focused Equity Portfolio for capital appreciation, Focused Equity Risk Managed Portfolio for capital appreciation and hedging.
Stephen Bradley, founder of GenCap, said: "The mission of GenCap Portfolio Management is to take exceptional care of our clients by providing world-class investment management."
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