London-based H2O Asset Management has agreed to acquire a 51% stake in Arctic Blue Capital, a systematic commodity-focused manager, from Stable Asset Management.
London-based Arctic Blue will continue to be headed by CIO and founder Jean-Jacques Duhot and remain a separate entity from the core H2O team following the transaction.
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The deal involves the migration of Arctic Blue’s flagship fund, the Arctic Blue Original Strategy, and equity-focused Atlanterra Strategy, to the H2O distribution platform.
The terms of the deal, which is subject to regulatory nod, have not been disclosed.
H2O said that it will help Arctic Blue “pursue its next level of growth” by offering infrastructure and operational support.
“Joining with H2O will enable us to bring the best possible investment strategies in commodities to new and existing investors. Like H2O, we are a specialist team combining strong expertise in our sector to deliver the best returns for our investors. We look forward to pursuing our next level of growth as part of the H2O team,” Duhot noted.
H2O CEO Bruno Crastes added: “Arctic Blue’s systematic commodity-focused strategies perfectly complement our existing suite of products. In fact, we already share a number of top tier clients and we look forward to increasing this number as a combined entity.”
