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    Home » Jupiter buys charity specialist CCLA in £100mn deal
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    Jupiter buys charity specialist CCLA in £100mn deal

    Arabian Media staffBy Arabian Media staffJuly 10, 2025No Comments1 Min Read
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    Jupiter has agreed to buy CCLA, the biggest manager of money for UK charities, in a £100mn deal as the group seeks to grow its assets after a period of poor performance and client defections.

    London-listed Jupiter said on Thursday that the acquisition of CCLA, which counts the Church of England as one of its biggest clients, will add £44.3bn in assets.

    Jupiter’s chief executive Matthew Beesley said the deal would “increase scale in our home market of the UK, where Jupiter is already a leading player, without any disruption to our existing clients”.

    Jupiter is one of several UK midsized asset managers contending with high costs, regulatory pressures and customer withdrawals as investors shift their money into cheaper index-tracking products.

    Since taking the top job in 2022, Beesley has made other moves to try to bolster the business, such as poaching an investment team from rival Origin to expand in global equities.



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