Alquity Group has appointed Chicago based Oberweis Asset Management as manager of the Alquity VAM US Micro Cap and Alquity VAM US Small Cap Funds as part of a raft of changes announced for its multi-boutique setup.
The Oberweis appointment is linked to the decision to merge the Alquity VAM US SMID Cap Fund into the Alquity VAM US Small Cap Fund. Alquity notes that the 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.”
Through Alquity, the Oberweis strategies will be offered to investors outside of North America for the first time. There will be exclusivity in distribution across Europe, the Middle East and Asia. Oberweis assumes full investment management responsibility for the funds from 12 February 2026.
Elsewhere, WCM Investment Management, based in California, has been appointed manager of the VAM World Growth Fund, which will be renamed the Alquity WCM World Growth Fund from 12 February 2026. Alquity will be similarly bringing this strategy to Europe, the Middle East and Asia on an exclusive basis.
Alquity stated that these appointments will facilitate building on the capabilities accessed when it acquired VAM funds in 2023.
Subject to regulatory approval from Luxembourg’s CSSF, there will also be a launch of the Alquity Private Equity Access Fund. It is described as “an open-ended fund investing in a globally diversified portfolio of private equity co-investments in collaboration with Willis Towers Watson”.
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 fund offers access to private equity assets managed by WTW via its co-investment private equity access fund. This offers monthly subscriptions and quarterly redemptions. The Alquity fund will work as a feeder fund to the WTW fund. The WTW co-investment strategy has reported 23% IRR since 2012, Alquity states.
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.”
