PGIM to buy Swiss private equity secondaries asset manager
It has total AUM in excess of €2.7bn
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It has total AUM in excess of €2.7bn
The asset deal is the second acquisition by UBP in a week
It will broaden the bank’s footprint in Portugal and Brazil
Deal is part of its strategy to move ‘into different markets with long-term growth potential’
Five months after Generali Vie and Groupe Apicil also became shareholders
As it acquires outstanding stake in B2B fund distribition platform for CHF 390m
A range of options are on the table, including divestment
Deal will enable firm to ‘focus fully’ on its core business
French boutique takes multi-strategy alternative asset manager AUM to over €12bn
Belgian wealth manager will initially sell majority stake to the Dutch firm
More than doubling the French asset manager’s share of the European ETF market
It offers a suite of services and solutions in the corporate and funds sectors