Maple-Brown Abbott, the high-profile investment house that manages money for some of Sydney’s wealthiest families and super funds, has been acquired by Antipodes Partners, the latest deal in a fast consolidating sector.
Together, Maple-Brown Abbott and Antipodes, which is owned by ASX-listed Pinnacle Investment Management, will manage some $18.6 billion. It had largely been owned by the Maple-Brown family, who started the fund with former Rothschild banker Chris Abbott in 1984.
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
