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Nile Capital Group Acquires Majority Stake in $7 Billion ABS Global Investments

Nile Capital Group Holdings has acquired a majority stake in ABS Global Investments, a leading global investment firm specializing in differentiated equity strategies.

The acquisition marks a significant milestone for both companies, combining Nile’s expertise in scaling asset management firms with ABS’s proven track record in delivering exceptional investment returns.

ABS, founded in 2002, has grown to manage over $7 billion in assets, catering to a diverse clientele including pension plans, endowments, foundations, and private wealth platforms. The firm’s focus on sourcing alpha opportunities across global equity and emerging markets has driven its success.

“As investors look for a differentiated source of non-correlated alpha, ABS has provided unique solutions to meet its customers’ needs for over two decades. Under Laurence and Gui’s leadership, ABS has built a culture of excellence driven by a focus on innovation, talent development, and a commitment to customer success,” said Melvin Lindsey, Managing Partner at Nile. “We look forward to joining forces with the ABS team to build on the strong momentum and further establish its position as a market leader.”

“Nile’s deep industry knowledge and expertise in partnering with boutique asset management companies will empower us to expand our market reach and breadth of product offerings, supporting our ability to continue to provide best-in-class investment solutions to our clients. We are excited to welcome Nile as our new partner,” stated Laurence Russian, Founding Partner, and Portfolio Manager at ABS.

This strategic investment solidifies Nile’s position as a leading investor in the asset management industry and demonstrates the company’s commitment to partnering with exceptional management teams to create long-term value.

by Tony O. Lawson

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The post Nile Capital Group Acquires Majority Stake in $7 Billion ABS Global Investments appeared first on SHOPPE BLACK.

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