Asset management adviser Alpha warms up for Aim listing

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CEO Euan Fraser says it is a chance to continue growing (Source: Alpha)

Finance consultant Alpha is set to float on London's junior market next month, it announced today.

Alpha FMC Topco, which will now be renamed Apha Financial Markets Consulting, provides specialist consultancy services to blue chip asset and wealth managers and their administrators.

The company, which reported revenue of £43.6m for the year to March, intends to begin trading on Aim during October.

Last year Dunedin put £80m into the firm, buying out previous owner Baird Capital. 

Chief executive Euan Fraser said: "Alpha has enjoyed a period of solid investment under its current ownership by Dunedin and this placing and admission to Aim will allow Alpha to retain its strong employee and growth‐oriented culture and to invest more readily in future expansion through the pay down of all existing debt facilities."

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The listing is set to help the firm expand into new jurisdictions. It already operates across London, Edinburgh, New York, Boston, Paris, Geneva, The Hague, Luxembourg and Singapore. It employs over 250 consultants, serving more than 200 clients, including 17 of the 20 largest global asset managers.

"Alpha has built a fabulous reputation and brand within the Asset and Wealth management sector," said Fraser.

"This is due to our truly outstanding team of consultants, who are passionate about delivering the very highest quality service to our clients on every single engagement. Alpha’s success to date is thanks to the incredible hard work and dedication of the whole team."

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