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SL management buy-in
SL Investment Management (SL) is pleased to announce the recent
completion of an important corporate restructure, with the
Executive Directors taking a significant stake in the company.
This is another important milestone for the company and follows
on from a number of strategic changes in recent times, including
the relocation to One City Place earlier in the year. Under the
restructure arrangement, the existing shareholders will continue to
hold a significant interest in the company, whilst applying their
extensive experience to the strategic direction and growth of the
business through continued representation on the Board.
The four SL Executive Directors buying into SL each have between
15-20 years' experience working within SL, and their commitment
demonstrates their belief in the longevity and future prospects of
Paul Sands, Chairman of SL said, "We are delighted to have
completed this restructure with the SL management. It was important
to the existing shareholders that we achieved a 'best of both
worlds' solution. We have absolute belief in the future success of
the business - so wanted to retain a significant financial interest
in SL - whilst ensuring that we could retain the young and talented
management team at SL."
Rob Ireland, Managing Director at SL commented, "The management
are thrilled to have had the opportunity to take a more direct
interest in the future growth of the business. We have a
tremendously determined and talented team here at SL, all of whom
are dedicated to providing our clients with the exceptional levels
of service and professionalism they have come to expect of us."
"SL has exciting times ahead of us. Our flagship Life Settlement
product, BlackOak investors LP, continues to achieve
stellar performance, and we have a string of new products set for
launch in 2018 that will continue to diversify the product range
accessible by our investors, and cement our position as a leading
Alternative Investment Fund Manager in the UK".