Mergers & Acquisitions / Joint Ventures

Polar gains specialist financials franchise with HIM acquisition


Polar Capital has exchanged contracts to acquire specialist fund manager HIM Capital Holdings, in a move intended to create a strong financials sector franchise as part of Polar’s growth strategy.

HIM’s subsidiary, HIM Capital, was previously known as Hiscox Investment Management before the management buyout of the business from Hiscox plc at the end of 2007. The firm manages four financials-focused funds: the Hiscox Insurance Portfolio Fund, Hiscox Far Eastern Financial Fund, Hiscox European Financial Fund and HIM Income Fund.

“We are absolutely delighted to be incorporating the HIM Capital team into the group and establishing such a strong