(Finance) – The Group Azimuthan independent and global company in asset management, wealth management, investment banking and fintech, through its American subsidiary Azimut Alternative Capital Partners (“AACP”), has signed an agreement to increase its stake in HighPost Capital LLC (“HighPost”) by 2.5%, reaching an overall stake of approximately 15%.
This strategic step – explains the company – underlines the commitment of both companies to enhance their collaboration and further strengthen their profitable partnership.
HighPost, a company specializing in the management of private equity and venture capital funds, was founded in 2019 by David Moross and Mark Bezos with the aim of creating long-term value by combining David’s extensive professionalism in the private equity sector, with relationships and the Bezos family’s experience in the consumer sector and, in general, in understanding consumer behavior.
David Moross, President, CEO and co-founder of HighPost, and Mark Bezos, co-foundercomment: “We are excited to continue strengthening our journey with Azimut. This strategic decision builds on the successful collaboration between our two companies, and allows HighPost to continue to succeed in the dynamic world of private equity. Furthermore, we look forward to becoming shareholders of the parent company Azimut Holding with which we share the vision and creation of long-term value. We want to be leaders in our industry by continuing to grow the companies in our portfolio and creating long-term value for our investors.”
Pietro Giuliani, President of the Azimut Groupcomments: “We have been partners of HighPost since its inception and have exclusively offered our clients the opportunity to invest in American Private Equity and Venture Capital, further diversifying their portfolio. The partnership is producing important results, and this transaction demonstrates our dedication to mutual growth and innovation. I am also personally enthusiastic about the entry into Azimut Holding of the Bezos and Moross families to which the two founders of HighPost belong, aligning our interests even more and consolidating a partnership that has already demonstrated its strengths.”