Independent Wealth

Somers acquires 15% stake in Aura Group

Bermuda-based Somers has taken a stake in Singapore headquartered Aura Group.

Aura Group is a fast-growing alternative investment and wealth management platform. Founded in Australia in 2009 and head quartered in Singapore, Aura Group and related entities collectively manage and advise over AUD1 billion across a range of asset classes such as Private Equity, Venture Capital, Private Credit and Real Assets.

 

“The deal is a milestone development for Aura Group as the firm continues to scale its operations in the Asia Pacific region. The partnership also gives Aura Group a stepping stone into European capital markets.” said Calvin Ng, Aura Group Managing Director. 

 

Aura is an attractive investment for Somers given their Asia Pacific region footprint combined with their fast-growing investment platform.