Fidante Acquires Minority Stake in Latigo Partners

Fidante Partners announced today that it has acquired a minority stake in Latigo. As part of the transaction, the life division of Fidante’s parent company, Challenger Limited, has made an investment in Latigo’s funds, according to the firm in a statement.

Fidante says that partnering with Latigo is consistent with its strategy of expanding alternatives offerings. Fidante invests in specialist investment managers with differentiated strategies where active investment management skills can deliver attractive results for investors.

Fidante’s specialist distribution and business development expertise will provide Latigo with access to well-suited, long-term global institutional investors including sovereign wealth funds, national pensions and superannuation funds.

“Latigo’s event-driven investment strategy is highly relevant in today's investment climate,” Cathy Hales, global Head of Fidante Partners, commented in a statement.

Founded in 2005, Latigo Partners is a fund manager that specializes in event-driven investing. The firm’s strategies include distressed securities, special situations and long/short credit and equity investing.

Fidante Partners is an international investment management business that partners with specialist asset management firms to deliver compelling opportunities to an international investor base. Fidante has A$56 billion in funds under management. It is fully owned by Challenger Limited, an ASX-listed investment management firm and regulated life insurer with A$77 billion in assets under management.