Kairos Investment Management is set to sign a cooperation agreement with London-based independent asset manager Engadine Partners to enhance their investment expertise.
As part of the strategic agreement, the companies will work together for the joint development of new co-branded products based on Engadine’s investment strategy.
Additionally, Kairos Investment Management will become both the investment manager and management company of the Engadine Equity Funds, a long-short equity strategy with a European focus.
Kairos Group CEO Alberto Castelli called the agreement an ‘important milestone for the positioning of Kairos as a leading active alternative asset manager’.
“I am confident that the strategic cooperation between the two companies, who share the same entrepreneurial culture and values, will result in a strong foundation and enable us to successfully tackle upcoming business opportunities,” Castelli stated.
As part of the cooperation, Engadine Partners founder Marcello Sallusti will join Kairos Investment Management as CIO.
Sallusti will also continue to serve as the CIO of the current Engadine funds.
Commenting on the tie-up, Sallusti added: “I believe in the cooperation with Kairos because we share the same management DNA and I am convinced that together we can further strengthen our position in London, which will remain one of the most important international financial hubs.”
Kairos Investment Management is Kairos Group’s London-based subsidiary, which focuses on the management of alternative funds.
A Julius Baer Group company, Kairos has offices in Milan, Rome, Turin as well as London.
The business serves private investors, professional players, and institutional clients.