Tetragon Announces Sale of Minority Stake in Equitix to Hunter Point Capital
Deal News | Jun 16, 2025 | PR Newswire Cision Tetragon Financial Group Limited
Tetragon Financial Group Limited has announced that Hunter Point Capital (HPC) will acquire a 16.1% minority stake in Equitix, a leading international investor, developer, and fund manager in infrastructure, at an implied enterprise value of £1.3 billion. This acquisition includes 14.6% of the stake from TFG Asset Management, a business allied with Tetragon, and 1.5% from the management of Equitix. Since Tetragon acquired a controlling stake in 2015, Equitix has grown significantly in terms of assets under management. This deal is expected to retain the governance, investment processes, and day-to-day management of Equitix while opening further growth avenues. BofA Securities provided financial advisory to Tetragon, with various law firms providing legal counsel to all parties involved.
Sectors
- Finance and Investment
- Infrastructure Development
Geography
- United Kingdom – The transaction involves UK-based companies and a significant focus on the organizational activities within the UK.
- Europe – Equitix is noted as one of Europe's leading infrastructure managers, indicating the broader geographical context.
Industry
- Finance and Investment – The article discusses a financial transaction involving equity stakes between investment firms, categorizing it within the Finance and Investment industry.
- Infrastructure Development – Equitix is identified as an investor and developer in infrastructure, highlighting the article's relevance to the Infrastructure Development industry.
Financials
- £1.3 billion – Implied enterprise value of Equitix at which the 16.1% minority stake is being acquired.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tetragon Financial Group Limited | Selling Company | Company | Tetragon is an investment company involved in diverse asset management, listed in Amsterdam, and is selling a minority stake in Equitix. |
| Hunter Point Capital | Bidding Company | Company | An independent investment firm acquiring a minority stake in Equitix to support and strategically back alternative asset managers. |
| Equitix | Target Company | Company | A leading international infrastructure investor and fund manager with roots in the UK and extensive global operations. |
| TFG Asset Management | Vendor (Part of Selling Company) | Company | A diversified asset management business allied with Tetragon, selling part of its stake in Equitix. |
| BofA Securities | Financial Advisor | Company | Provided financial advisory services to Tetragon in this transaction. |
| Dechert LLP | Legal Advisor to Tetragon | Company | Law firm providing legal counsel to Tetragon for the transaction. |
| Latham & Watkins LLP | Legal Advisor to HPC | Company | Provided legal advice to Hunter Point Capital for this acquisition. |
| Ashurst LLP | Legal Advisor to Equitix Management | Company | Served as legal counsel to the management of Equitix. |
| Stephen Prince | CEO of TFG Asset Management | Person | Spoke on the strategic rationale and future potential following the deal. |
| Avi Kalichstein | CEO and Co-Founder of HPC | Person | Expressed enthusiasm about gaining a position in Equitix and partnering with Tetragon. |
| Hugh Crossley | CEO of Equitix | Person | Commented on Equitix's evolution and future growth prospects with new partnerships. |