Wells Fargo to divest asset management business to GTCR and Reverence Capital for $2.1bn
Wells Fargo & Company has agreed to divest its asset management business - Wells Fargo Asset Management (WFAM) to private equity firms GTCR and Reverence ... Read More
Owl Rock, Dyal Capital to create $45bn asset manager Blue Owl Capital
Owl Rock Capital Group and Dyal Capital Partners will merge their businesses to create Blue Owl Capital, a US-based alternative asset management company, which will ... Read More
Macquarie Asset Management to acquire Waddell & Reed Financial for $1.7bn
Macquarie Asset Management has signed a deal worth around $1.7 billion to acquire US-based asset and wealth management company Waddell & Reed Financial. The asset ... Read More
Ant Financial, Vanguard create JV for investment advisory services in China
Ant Financial Services, a Chinese fintech company owned by Alibaba Group, has created a joint venture (JV) with The Vanguard Group, a US asset management ... Read More
Assured Guaranty completes $160m acquisition of BlueMountain Capital
Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has completed its previously announced $160 million acquisition of ... Read More
Assured Guaranty to acquire BlueMountain Capital Management
Assured Guaranty acquisition of BlueMountain : Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has agreed to ... Read More