Boyd Watterson Asset Management and Amber Infrastructure Group Holdings Limited have jointly announced that the businesses will come together under a common parent company to create a global diversified real estate, infrastructure, and fixed income asset management platform.
Upon closing, the platform through its operating subsidiaries will be a premier global alternatives investment manager with more than 300 investment personnel, offices in eight U.S. cities and 12 countries. The firm will have approximately $35.7 billion in assets under management. While the financial terms of the transaction have not been disclosed, platform’s shareholders upon closing will comprise existing shareholders in Boyd Watterson and Amber.
Brian Gevry will serve as chairman and CEO of the combined parent entity, and Gavin Tait, Amber’s current CEO, will continue to serve as the head of Amber and oversee the Infrastructure business globally, reporting to Gevry.
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