Cerity Partners Finalizes Deal With Austin Private Wealth
The OCIO provider will add $1.4 billion in assets in retirement channels.
Corporate Moves
MetLife Completes PineBridge Acquisition
The combined business manages about $735 billion in assets.
Janus Henderson to Be Acquired by Trian, General Catalyst for $7.4B
The transaction’s strategic investors include the Qatar Investment Authority, Sun Hung Kai & Co. Ltd. and MassMutual.
ISS STOXX To Acquire Sustainability Indexes, Data Provider ECPI
The Italy-based company provides institutional investors with sustainable investment solutions.
Gulf Sovereign Funds Join Paramount Bid for Warner Bros.
Investors from Saudi Arabia, Qatar and the United Arab Emirates will join Affinity Partners in the Ellison family’s bid to wrest the media company away from Netflix.
Apollo Acquires Stake in Welsh Soccer Club Wrexham
Actors Ryan Reynolds and Rob McElhenney will sell a minority stake in the team—popularized by a television show—to the alts manager’s sports platform.
Norges Bank Topped GPIF to Become Largest Institutional Investor
During a strong 2024 for sovereign wealth funds, Norway’s Government Pension Fund Global surpassed Japan’s Government Pension Fund as the world’s largest.
WTW to Acquire Secondaries Manager FlowStone
The acquisition, set to close in early 2026, aims to enhance WTW’s private markets capabilities for institutional and wealth investors.
Goldman Sachs to Acquire ETF Provider Innovator Capital Management
GSAM will add $28 billion in exchange-traded-fund assets to its platform.
Alts Manager Wafra Takes Stake in Ardian
The investment, made through the firm’s strategic partnerships program, is one of many GP stakes it has made.
Truist Launches Institutional Capital Group
The team, which will cover middle-market private equity sponsors and family offices, will be led by Chris Jackson.
Hamilton Lane, Guardian Announce Long-Term Partnership
The deal is also expected to bring more than $5 billion to Hamilton Lane over 10 years.
General Catalyst, Trian Seek to Buy Remaining Shares of Janus Henderson
A Janus Henderson special committee will consider the nonbinding takeover offer, which values the company at more than $7 billion.
Federated Hermes to Take 80% Stake in Multifamily Real Estate Manager
Maryland-based FCP will add a $3.8 billion platform brings Federated into the U.S. real estate market and expands its presence in private markets.
ISS STOXX Launches Real Assets Climate Solutions Suite
The tools aim to help investors understand climate risks within their portfolios.