Lovell Minnick Partners (LMP) will take a majority shareholding. : Access full content on the International Adviser site, access your saved articles, control email preferences and amend your account details London & Capital Group has agreed to merge with Waverton Investment Management, creating a wealth manager with £17bn assets under management. If the deal receives regulatory approval, US private equity firm Lovell Minnick Partners (LMP) will take a majority shareholding in the combined business.