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WisdomTree to acquire London’s Atlantic House for $200m
Yahoo Finance· 2026-03-17 12:01
Group 1 - WisdomTree has agreed to acquire Atlantic House Holdings, a London-based investment manager focused on defined outcome and derivatives-based strategies, for £150m ($200m) [1] - Atlantic House manages approximately £4.1bn (around $5.5bn) in assets [1] - The acquisition is expected to close in the second quarter of 2026, pending regulatory approvals and other conditions [5] Group 2 - The acquisition aims to enhance WisdomTree's presence in the UK and add capabilities in systematic investment and derivatives, as well as expand its active ETFs and outcome-focused products [2] - WisdomTree anticipates a positive but modest financial impact from the acquisition by 2026, with potential for further benefits from increased scale and revenue opportunities [2] - The transaction extends WisdomTree's portfolio solutions business into the UK market, adding to its established operations in the United States [5] Group 3 - Atlantic House's CEO Tom May stated that joining WisdomTree will enhance their investment offering through WisdomTree's research capabilities and distribution platform [3] - The existing investment team at Atlantic House will continue to manage current strategies and work with WisdomTree on expanding services across ETF and portfolio platforms [4] - WisdomTree's founder and CEO Jonathan Steinberg emphasized that the acquisition strengthens WisdomTree across multiple dimensions, enhancing defined outcome and derivatives capabilities [6] Group 4 - The acquisition aligns with WisdomTree's disciplined capital allocation framework and positions the firm for incremental revenue growth, advancing its multi-year strategy for diversified and higher-quality growth [7] - WisdomTree estimates that upon completion of the acquisition, it will have approximately $163bn in assets under management globally [5]