The Cyrus group, independent French leader in wealth management confirms that Bridgepoint Development Capital, the lower mid-market fund, has taken a minority stake in its capital.
The financing is provided by Ardian in the form of a Unitranche debt.
This minority stake attests to the entrepreneurial and independent model of Cyrus, Meyer Azogui and his team still controlling 72% of the capital.
In an evolving wealth management market, the group's objective is to create a strong reference brand to federate wealth management advisers around Cyrus, while preserving the values of independence and the quality of advice and expertise for its customers.