New Delhi-based RattanIndia Enterprises (formerly RattanIndia Infrastructure Limited) said that it has acquired 100% of RattanIndia Investment Manager Private Limited for INR 25,000 to make it a fully-owned subsidiary. The acquisition comes under the ambit of related party transactions. Incorporated in 2009, RattanIndia Investment Manager will carry out the business of investment management in India. […]
Addepar, a US-based wealth management technology platform, has raised $117 million in a Series E funding round, led by growth equity firm WestCap Group. The investment by WestCap Group was made from its flagship Strategic Operator Fund. Other investors in the Series E round are 8VC and Sway Ventures. Laurence A. Tosi – WestCap Group […]
Morgan Stanley acquisition of Eaton Vance : Investment banking giant Morgan Stanley has agreed to acquire Boston-based investment management firm Eaton Vance, in a cash-cum-stock deal worth $7 billion. Eaton Vance offers advanced investment strategies and wealth management solutions to across the world. The company has more than $500 billion in assets under management (AUM). […]