7IM
7IM provides wealth management, asset management and platform services to UK-based retail investors, primarily through independent financial advisors. At the core of its model is a multi-asset investment management function that aims to produce predictable, low-volatility, low-cost returns using both active and passive strategies.
Investment thesis
- Grow assets under management and yield, supported by excellent macro drivers
of privatisation of pension/wealth management; - Diversify the distribution model by developing direct-to-consumer and institutional channels;
- Manage leadership succession from founder and CEO Tom Sheridan, on retirement; and
- Support growth ambitions by ensuring the right people and systems are in place.
Type of investment
Secondary buy-out, majority
Initial equity investment
£75.7m