Gartmore Group

Gartmore Group Limited was a British-based investment management business. It was listed on the London Stock Exchange.

Gartmore Group Limited
Public
Traded asLSE: GRT
IndustryInvestment management
FateBought by Henderson Group in 2011
Founded1969
Headquarters
London
,
UK
Key people
Andrew Skirton (Chairman)
Jeffrey Meyer (CEO)
Revenue£278.3 million (2009)[1]
£53.1 million (2009)[1]
£47.6 million (2009)[1]
Websitewww.gartmore.com

History

The Company was founded in 1969 by British & Commonwealth and acquired by Banque Indosuez in 1989.[2] It was first listed on the London Stock Exchange in 1996.[2] It was then bought by NatWest in 1996 and by Nationwide Mutual Insurance Company in 2000 before becoming part of the investment portfolio of Hellman & Friedman, a private equity fund, in 2006.[2] It was re-listed on the London Stock Exchange in December 2009.[3]

Henderson Group announced its acquisition of the company in January 2011.[4]

Operations

The Company had £22.2 billion of assets under management as at 31 December 2009.[1]

References
  1. "Preliminary Results for the year ended 31st December 2009". Gartmore Group Limited. Retrieved 9 March 2010.
  2. Gartmore: under new ownership Hedgefund Journal, June 2006
  3. Gartmore IPO looks opportunistic Daily Telegraph, 23 October 2009
  4. Henderson agrees to buy Gartmore for £335.3m Daily Telegraph, 12 January 2011
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