Arundel was formed in 1988 as a property investment company and obtained a listing for its shares in Zurich in 2005. In 2007, the Group acquired four office buildings in Leipzig, Germany, leased to the Free State of Saxony (Covenant Strength: AAA). In 2013, the Group’s near term focus shifted from Europe to India and it conditionally acquired undeveloped parcels of land in India in 2015 and 2016.
In 2016, Arundel acquired RP&C International Inc. (“RP&C”), an investment banking group based in London. RP&C principals had been involved with Arundel since inception and had provided management and advisory services to Arundel since 1998. As part of that acquisition, the company also acquired a freehold office building in St James's Square in London which has now been sold.
RP&C had been involved in more than $8.5 billion of investments in the USA, Europe and India through regulated subsidiaries inn the UK and USA. While the Group continues to operate from offices in Zurich, London and Dallas, the Group no longer directly conducts regulated activities. Its regulated activities in the United States are conducted through a partially owned subsidiary, Seafire Capital LLC.