- Oberweis Asset Management & WCM Investment Management appointed
- New Alquity Private Equity Access Fund launch in collaboration with WTW
Alquity Group, the multi-boutique investment services firm with sustainable values, has revamped its multi-boutique offering with the appointment of two new top tier investment managers and a new fund launch in the Private Markets space.
- Oberweis Asset Management (“Oberweis”) has been appointed manager of the Alquity VAM US Micro Cap and Alquity VAM US Small Cap Funds. As part of this appointment, the Alquity VAM US SMID Cap Fund will be merged into the Alquity VAM US Small Cap Fund.
Both the Oberweis US Micro Cap and US Small Cap strategies have historically ranked in the top decile of their peer groups over 5‑and 10‑year periods. The Oberweis Micro-Cap Fund ranks 6/782 funds over 10 years returning 408.7% or 17.7% per annum. The Oberweis US Small-Cap Opportunities Fund ranks 20/782 over the same period, generating a total return of 306.2% (15.0% per annum).*
Alquity will offer these Oberweis strategies to investors outside North America for the first time, with exclusive distribution and dedicated capacity across Europe, the Middle East and Asia. Oberweis will assume full investment management responsibility for the funds from 12 February 2026.
- WCM Investment Management (“WCM”) has been appointed manager of the VAM World Growth Fund, which will be renamed the Alquity WCM World Growth Fund from 12 February 2026.
The WCM Focused Global Equity Fund has delivered annualised returns of 15.4% since inception versus 9.5% for the ACWI index over the same period**. Alquity is also bringing exclusive ex-US access to this WCM strategy across Europe, the Middle East and Asia.
The appointment of these specialist investment managers with established track records strengthens the Alquity Group offering, giving clients more choice, with access to dedicated investment expertise plus renewed fund capacity, while building on the expanded capabilities from the acquisition of VAM Funds in 2023.
- Alquity Group will also launch the Alquity Private Equity Access Fund (“PEAF”) – an open-ended fund investing in a globally diversified portfolio of private equity co-investments in collaboration with WTW (Willis Towers Watson).
The Fund will offer investors access to high quality WTW private equity assets that WTW manages via its co-investment private equity access fund with monthly subscriptions and quarterly redemptions. The Alquity PEAF will work through exclusive feeder access to WTW’s PEAF in addition to other selected private equity managers in the future. Since 2012, WTW Private Equity Co‑investment has reported a 23% IRR. ***
Paul Robinson, Founder & Executive Chairman of Alquity Group commented: “Our goal at Alquity is to provide clients with access to the highest quality, specialist active investment managers and unique investment opportunities. Our search for the highest calibre managers for our funds narrowed the US small cap space from 160 strategies to analysis on 35 managers, delivering a shortlist of six – and 500 strategies in the World Growth sector to a shortlist of seven. We are delighted to have been able to appoint our first-choice managers.
“These appointments – along with the upcoming launch of our new Alquity Private Equity Access Fund – mark an important step forward in enhancing our multi-boutique offering, bringing exceptional investment process and performance alongside enhanced capacity, differentiated solutions and broader market access for advisors and clients.”
Alquity VAM US Small Cap and Micro Cap Funds
The appointment of Oberweis Asset Management as the new investment manager of the Alquity VAM US Small Cap and Alquity VAM US Micro Cap Funds provides a solution that addresses previous capacity constraints, with the Micro Cap fund having previously been closed to new investment. Oberweis provides exceptional investment expertise and increased capacity for clients looking for exposure to highly innovative US companies.
Chicago-based Oberweis specialises in small and micro-cap growth strategies across both US and international markets. Oberweis has demonstrated consistent long-term out-performance in the challenging small and micro-cap space, maintaining portfolios that are 85-95% invested in profitable companies while generating significant alpha through their relative-to-expectations growth approach.
Alquity WCM World Growth Fund
The appointment of WCM as the new investment manager of the Alquity WCM World Growth Fund will offer clients access to long-term drivers of growth across the globe, while providing specialist investment expertise and significant resource.
WCM has been appointed following an extensive search and due-diligence process conducted by leading investment consultants, WTW. Based in California and managing approximately $120 billion in assets as of 30 September 2025****, WCM is a specialist active global growth equity manager with an established long-term track-record and a differentiated “quality growth” philosophy that can complement clients’ portfolios over the long-term. WCM is a globally recognized manager with a strong institutional footprint, which effectively aligns with Alquity’s distribution capabilities, offering support and capacity for its institutional and wholesale clients.
Alquity Private Access Fund
The upcoming launch of the Alquity Private Equity Access Fund (ALTAF) will mark the introduction of a brand-new asset class and a significant evolution for Alquity Group. The Fund will provide clients with access to private equity markets – an asset class that has traditionally been accessed primarily by institutional investors – but with liquidity through an evergreen structure. This access will allow advisers to cater to an increasing interest from their clients to invest in private equity, driven by increasing interest in diversification and long‑term growth opportunities.
Managed by Alquity in collaboration with private equity investors, primarily WTW, the Fund will hold a globally diversified private equity portfolio across buyouts, growth and venture capital, with a thematic focus on climate, healthcare, education, sustainable, manufacturing and business service. The structure will operate as a feeder into WTW’s co-investment private equity access fund, which co-invests alongside some of the world’s most sought after private equity investment funds. Additional selected private equity managers will be added in the future.
*Sources: Lipper, Bloomberg, Citywire as of 31st December 2025. These ratings and rankings reflect past performance and are not a reliable indicator of future results.
** Source: WCM, as of 30th September 2025. Past performance is not a reliable indicator of future results.
***Sources: WTW, managers, MSCI, as of 31st December 2024). IRR figures are based on historical valuations and assumptions and are not indicative of future performance.
****Source: WCM. AUM includes model assets.
Alquity Group
Alquity Group is a client-focused asset management multi-boutique that provides access to a range of Luxembourg-domiciled funds covering global equities, US small cap equities, Emerging Market equities, multi-asset strategies and Private Equity. Founded in 2011 with the belief that investing should be a force for positive change, the Group has $415m AUMA (as of 31st December 2025).
Alquity channels a portion of its revenue into the Alquity Transforming Lives Foundation, a UK-registered charity that supports initiatives directly benefiting disadvantaged communities in the regions where it invests and has donated over £3m to date. At the heart of Alquity is the belief that aligning the values of investors, employees, holdings and communities delivers enduring success. Transforming Lives creates opportunities for individuals and communities to pursue their ambitions, building fairer and more sustainable economies that respect all their constituents.
Alquity Group is recognised as one of the UK’s 500 fastest growing companies as part of the Growth500 in 2025.
Oberweis Asset Management
Oberweis Asset Management is a Chicago-based investment firm managing approximately $5 billion in assets, specializing in small and micro-cap growth strategies across both US and international markets. Led by President and CIO Jim Oberweis, alongside long-term partner Ken Farsalas who heads US equities, the firm has built a distinctive behavioral based investment philosophy centred on identifying earnings surprises through the post-earnings announcement drift (PEAD) phonomenon. Their quantitative screening process focuses on companies that exceed earnings expectations, followed by a rigorous 17-step fundamental research methodology to validate investment opportunities. With a team boasting exceptional longevity – including members with over two decades of tenure – Oberweis has demonstrated consistent performance in the challenging small and micro-cap space, maintaining portfolios that are 85-95% invested in profitable companies while seeking to generate alpha through their relative-to-expectations growth approach.
WCM Investment Management
WCM Investment Management is a California-based investment firm managing approximately $120 billion in AUM as of 30 September 2025****, specializing in active global growth equity strategies. The firm has built a distinctive investment philosophy focused on two key principles: identifying companies with an increasing competitive advantage (or economic moat) and a corporate culture that supports the sustainability of that advantage. The investment process differs from traditional growth managers by prioritizing the trajectory of a company’s competitive advantage rather than its current scale, followed by a rigorous analysis of corporate culture to validate the durability of growth. With a history dating back to 1976 and an organization that is majority-owned by its employees, WCM has demonstrated consistent performance in global markets, maintaining high-conviction portfolios invested in industry-leading companies while generating meaningful alpha through their moat-and-culture approach.
Willis Towers Watson (WTW)
WTW is a leading global advisory, broking and solutions company that helps clients globally turn risk into a path for growth. With roots dating to 1828, WTW has 45,000 employees serving more than 140 countries and markets. It designs and delivers solutions that manage risk, optimise benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals.
PRESS OFFICE
Share Communications
Zoe Powell
m: 07866 63901
Ciara Simpson
m: 07966 642 830
DISCLAIMER
This is not an offering memorandum or prospectus and does not constitute investment advice. This is a marketing communication for professional investors only. This document is for informational purposes and does not constitute investment advice or a recommendation.
Past performance is not a reliable indicator of future results. The value of investments and the income from them can fall as well as rise and you may not get back the amount originally invested.
For the Alquity Private Equity Access Fund: Private equity is a higher-risk asset class with limited liquidity; investors should be prepared for long-term capital commitment.
Please refer to the Prospectus and the Key Information Document (KID) before making any final investment decisions. These documents are available in English at www.vam-funds.com
This marketing communication is issued by Alquity Investment Management Limited (“AIML”) for distribution both within and outside the United Kingdom. AIML is incorporated in England and Wales (Company No. 07992381) and is authorised and regulated by the Financial Conduct Authority (FRN 463991). Its registered office is Audrey House, Ely Place, London, EC1N 6SN.
The Alquity SICAV is an open-ended investment company managed by Limestone Platform S.A incorporated under the laws of Luxembourg and authorised by the Commission de Surveillance du Secteur Financier (CSSF). The Fund is authorised under the UCITS Directive (Directive 2009/65/EC). Sub-funds may not be registered for distribution in all jurisdictions. Alquity Investment Management Limited acts as the investment manager to the SICAV.
