Clearwater has advised the management of VPV Bankiers, a leading Dutch asset management firm, on the sale of its co-management activities of Delta Deelnemingen Fonds to Delta Lloyd.
Active since 2000, VPV Bankiers, formerly known as Dresdner VPV, is a prominent Dutch asset management firm with a banking license. It specialises in providing discretionary asset management services to high-net-worth individuals and manages several investment funds. The company is headquartered in Gouda.
Delta Deelnemingen Fonds typically invests in undervalued Dutch stocks and aims to hold a minimum of 5% shareholding in these companies.
Delta Lloyd Group, active in insurance, asset management, and banking products, is one of the top five financial services providers in the Netherlands, with approximately €45bn in assets under management. In November 2009, Delta Lloyd was introduced on Euronext Amsterdam and the majority of its shares are still owned by Aviva plc.
