Cairngorm Capital Case Studies
Verso Wealth Management is a UK wealth management group based in London providing financial advice and investment management, powered by a digital platform.
Verso’s initial investments in Whitefoord LLP and Munnypot Limited are ahead of a series of planned acquisitions within the investment management and IFA sector. Whitefoord provides discretionary investment management services and advice to private clients, trusts and pension funds with over £300m of assets under management. Munnypot’s award winning technology facilitates automated client servicing online.
Cairngorm Capital will support Verso’s management to build a leading digital wealth management group through a rapid buy and build programme to create a business with real scale, national reach with capabilities in discretionary fund management and advisory services. In addition Cairngorm will provide operational support utilising its expertise in the investment platforms sector to create a leading digital offering for the benefit of Verso’s clients and advisers.
Cairngorm Capital’s investment in Verso was made in July 2021 and is the fifth investment from its 3rd fund, Cairngorm Capital Partners III LP.