Ownership stake · Activity not yet classified
Strategic minority shareholding in Ardea Investment Management
Transaction overview
Reported completed
Exact closing date not established.
In a September 7, 2020 release, Ardea Investment Management reported that Fidante Partners, a division of the Challenger Limited group, had held a strategic minority shareholding since Ardea’s inception in 2008. Ardea stated that employees retained majority ownership. The source does not disclose an exact investment date, ownership percentage or consideration; its newly announced university research partnership was a separate collaboration.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Press Release: Ardea IM and University of Technology Sydney launch research partnership ↗
Official source website · Published Sep 7, 2020
In a September 7, 2020 release, Ardea Investment Management reported that Fidante Partners, a division of the Challenger Limited group, had held a strategic minority shareholding since Ardea’s inception in 2008. Ardea stated that employees retained majority ownership. The source does not disclose an exact investment date, ownership percentage or consideration; its newly announced university research partnership was a separate collaboration.