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Generation Development Group buys Evidentia; Luminis on ticket

Updated

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Generation Development Group, capitalised at $1.4 billion on the ASX, is set to acquire Sydney’s Evidentia Group, which provides investment advice on $8 billion-plus in assets to large wealth managers.

GDG is led by former Olympian Grant Hackett. Eamon Gallagher

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/generation-development-group-set-to-acquire-evidentia-for-320m-20250206-p5la8z