CardinalStone Partners Limited, foremost independent investment banking and multi-asset management firm, has announced the successful acquisition of a majority equity stake in Radix Pension Managers Limited, a long-standing player in Nigeria’s pension industry.
Following this acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration.
With this acquisition and rebrand, according to a statement, CardinalStone Partners Limited solidifies its position as a key player in Nigeria’s financial landscape, leveraging its expertise and resources to enhance CardinalStone Pensions’ operations and service delivery.