European equity boutique Argonaut Capital Partners is to
become a standalone business following a restructuring of its
joint venture with Ignis Asset Management. Argonaut will take
management control, owning 60% under the new structure, with
Ignis reducing its equity stake from 50% to 40%.
The aim is for Argonaut to be able to develop as an
independent business, under a single brand and with dedicated
management. Argonaut will expand its investment team...