We are delighted to share that we have completed the sale of our minority interest in Stonehage Fleming, our largest asset within the Private Capital pool. Stonehage Fleming is a holistic multi-family office and ultra-high net worth wealth manager that advises many of the world’s leading families and wealth creators.
The deal produced an excellent result for Caledonia:
- £290m proceeds
- 3.2x money multiple
- 20% IRR