Gartmore Group

Last updated

Gartmore Group Limited
Company type Public
LSE: GRT
Industry Investment management
Founded1969;56 years ago (1969)
Defunct2011;14 years ago (2011)
FateBought by Henderson Group
Headquarters
London
,
UK
Key people
Andrew Skirton (Chairman)
Jeffrey Meyer (CEO)
Revenue £278.3 million (2009) [1]
£53.1 million (2009) [1]
£47.6 million (2009) [1]
Website gartmore.com
Archived 2 November 2008 at the Wayback Machine

Gartmore Group Limited was a British-based investment management business. It was listed on the London Stock Exchange.

Contents

History

The company was founded in 1969 by British & Commonwealth and acquired by Banque Indosuez in 1989. [2] It was first listed on the London Stock Exchange in 1996. [2] It was then bought by NatWest in 1996 and by Nationwide Mutual Insurance Company in 2000 before becoming part of the investment portfolio of Hellman & Friedman, a private equity fund, in 2006. [2] It was re-listed on the London Stock Exchange in December 2009. [3]

Henderson Group announced its acquisition of the company in January 2011. [4]

Operations

The company had £22.2 billion of assets under management as at 31 December 2009. [1]

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References

  1. 1 2 3 4 "Preliminary Results for the year ended 31st December 2009". Gartmore Group Limited. Retrieved 9 March 2010.
  2. 1 2 3 Gartmore: under new ownership Hedgefund Journal, June 2006
  3. Gartmore IPO looks opportunistic Daily Telegraph, 23 October 2009
  4. Henderson agrees to buy Gartmore for £335.3m Daily Telegraph, 12 January 2011