DCP Group takes majority stake in Holborn Assets

DCP Group is set to acquire a majority shareholding in UAE headquartered Holborn Assets, subject to regulatory approvals.

The deal would take the groups combined assets under management to over $2bn.

Holborn Assets - which confirmed the deal is in progress - is an international wealth management firm serving clients through a network of 22 offices worldwide while DCP Group is backed by the founders of Investible, one of Australia's largest investor networks.