Royal London completes acquisition of Dalmore Capital

Royal London has finalised its acquisition of UK-based infrastructure manager Dalmore Capital.

Dalmore manages £6bn assets, which aim to deliver essential UK infrastructure while supporting the transition to a more sustainable economy.

Royal London said the deal highlights the firm’s ambition to grow its private assets capabilities and respond to the increasing demand for access to real assets.

While ownership has transferred to Royal London Asset Management, Dalmore and its asset servicing arm Resolis will continue to operate as standalone businesses.

This article first appeared on Portfolio Adviser