Affinity Private Wealth has sold its investment business, APW Investors Limited (APWIL), to Capital International Group. This strategic decision reflects our desire to allow the continued growth and development of the investment team within a business whose structure and focus provides further opportunities aligned with their values and long-term vision. This sale will allow Affinity Private Wealth to focus solely on its core strengths in delivering bespoke private client, trust and fiduciary services.
The decision to part with the investment business was not made lightly. We were highly selective in identifying the right business to provide the resources, support, and platform that the investment business’s talented team needs to continue to grow and thrive. Capital International stood out as the perfect fit, offering the tools, expertise, culture and shared commitment to responsible and sustainable investing that will allow the team to achieve its full potential.
While we are saddened to part ways with some of the well-known faces who have been instrumental in building Affinity as a whole, we are confident that this move presents exciting new opportunities for them, as well as for both businesses. We look forward to seeing our investment colleagues continue to flourish under Capital International’s brand and leadership.
Affinity Private Wealth are excited about the future, with new plans set to be announced in the coming weeks, including the launch of a new jurisdiction that will further expand our global footprint. Importantly, as an owner managed business, we remain firmly committed to staying privately owned, ensuring we continue to offer personalised, client-focused services with the flexibility and independence our clients value.
This transition allows both businesses to focus on what they do best, and we look forward to this next chapter as we create new opportunities for our clients, our people and our future.
David Stearn, Chief Executive Officer of Affinity Private Wealth
“Parting with our Investment team is emotional for us, when we formed Affinity in 2011 we did so as two businesses with one common aim and focus. This is however an incredibly exciting opportunity for the investment team to continue to build and enhance their existing offering with scale. We are delighted to see the investment business pass to great new owners who have a very similar culture and value set, and we have no doubt the team will flourish at Capital. As for Affinity, we will continue to focus on growing and expanding our private client structuring services and look forward to the journey ahead.”
Ben Stott, Managing Director of APWIL added;
" I am extremely proud to lead our team of talented and dedicated professionals into its new home with Capital International. From our initial interactions with their leadership team, it was obvious that we share a belief in exceptional client delivery, alongside innovative investment solutions. It is exciting to expand our offering for our existing and future clients, who will also benefit from access to Capital’s market leading technology."
Anthony Long, Chairman of Capital International Group:
"We’ve admired APW Investors for some time, not only for their investment expertise, but also for their leadership in sustainability and commitment to the community. This acquisition is a natural fit with our long-term strategy and values."
*Subject to regulatory approval
