Premier to explore stock exchange listing

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
Premier to explore stock exchange listing

Premier Asset Management is exploring whether to float the privately-owned business towards the end of the 2016.

The fund house, with around £5bn in assets under management, is currently owned by Elcot Capital, Electra Partners and management. The firm was previously publically listed prior to being taken off the market by Electra.

The the private equity firm then reduced its stake in 2014 to 25 per cent, selling 50 per cent to Elcot and Premier’s staff retaining 25 per cent.

It is understood the firm is seeking to float for around £200m although discussions are in an early stage.

Premier declined to comment on the reports.