CBAM changes name to TrinityBridge following sale

The wealth manager’s sale by Close Brothers Group was completed this week

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Close Brothers Asset Management (CBAM) has changed its name to TrinityBridge after its sale by Close Brothers Group was completed earlier this week.

Explaining the rationale behind the name, the firm said it “reflects the business” and “acknowledges the enduring relationships that exist between clients, their investment managers and their professional advisers”.

Eddy Reynolds, CEO of TrinityBridge, said: “We’re extremely pleased to unveil our new name, TrinityBridge, and I am hugely excited for our future as a standalone business.

“I would like to thank my colleagues who have worked tirelessly on creating our new name and narrative, one that I believes reflects our business and our philosophy.”

On 3 March, Close Brothers Group completed the sale of its wealth management arm to funds managed by Oaktree Capital Management.

The deal for CBAM was first announced in September 2024.