SMDAM UK raises capital to expand private asset management business
SMFG•SMDAM UK completed a capital increase on October 30, 2026, with investment from Sumitomo Mitsui Financial Group and Sumitomo Mitsui DS Asset Management to support its private asset management business.
1. Capital increase
SMDAM UK said it completed a capital increase on October 30, 2026. The proceeds will primarily support growth of its SMBC Private Markets business across Europe, the Middle East and Africa, leveraging SMBC Group’s origination network.
