Azimut to buy remaining 49% of Kennedy Capital Management, taking full ownership
Bitget2026/09/21 16:27- Azimut agreed to buy the remaining 49% of Kennedy Capital Management, taking full ownership of the U.S. small- and mid-cap equity manager.
- The purchase will be funded in cash through Azimut’s Azimut NSI unit, with earn-out mechanisms tied to closing conditions.
- Kennedy Capital will continue operating as a boutique within Azimut NSI, the U.S. platform built around North Square Investments.
- Azimut NSI assets under management rose to over USD 20 billion from USD 18.3 billion since consolidation in early 2026.
- Closing is expected later this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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