Epiris and Astorg complete Euromoney split

• Fastmarkets will be owned by Astorg and Delinian will be controlled by Epiris
• Astorg is a European private equity firm with over €20 billion of assets
• Epiris is an independent private equity manager based in London

Delinian, backed by Epiris, has completed the demerger of Fastmarkets, a price reporting agency (PRA) serving the metals, mining, forest products, energy transition and agriculture markets.

Fastmarkets is based in London.

Epiris and Astorg acquired Euromoney Institutional Investor in November 2022 and rebranded it as Delinian in January 2023.

Fastmarkets will be owned and controlled by Astorg, and the remaining Delinian businesses will be under the majority ownership of Epiris.

The demerger will enable Delinian to pursue a tailored strategy as an independent portfolio of businesses with a new leadership team led by CEO Andrew Pinder, according to a release.

Epiris will seek to enhance Delinian by focusing on a brand-led growth strategy, targeting operational improvements and acquisitions, the release said.

“We have made a great start to this investment, and with the planned demerger now complete can focus on working with Delinian’s talented team to make the most of the many opportunities in front of it,” said Alex Fortescue, managing partner at Epiris.

Astorg is a European private equity firm with over €20 billion of assets under management. The firm is based in London.

Epiris is an independent private equity manager based in London.