Corporate Moves
Creative Planning Acquires RVK
The acquired firm has more than 200 institutional clients, including public retirement plans, endowments and foundations.
Tag: Mergers and Acquisitions
Corporate Moves
Vestmark Acquired by Envestnet
The combined fintech companies support more than $10T in assets.
Corporate Moves
Victory Capital to Acquire First Eagle Investments
The combination will create creating a $571 billion manager with ‘complementary’ equity and fixed-income capabilities and a CLO and alternative credit platform.
Corporate Moves
T. Rowe Price Acquires Fixed-Income Asset Manager F/m
The approximate $19 billion in acquired assets under management will more than double T. Rowe Price’s fixed-income exchange-traded fund assets.
Corporate Moves
Australian Super Funds Explore Potential Merger
Prime Super and Aware Super, with a combined roster of 1.4 million members, are in the due diligence phase.
Asset Allocation
CPP Investments Re-Bids for ReNew Energy Global
A consortium led by the Canadian pension giant has proposed to acquire the remaining shares it doesn’t own in the renewable energy company for $6.75 each.
Alternatives
Sovereign Wealth Funds Double Down on Private Deals, Emerge as Major M&A Players
Such investors have become among the ‘most assertive forces in global dealmaking.’
Market Moves
Swedish PE Firm to Buy Secondaries’ Pioneer Coller Capital
EQT AB agreed to pay $3.2 billion to purchase the dedicated secondaries firm, which has nearly $50 billion in AUM.
Corporate Moves
MetLife Completes PineBridge Acquisition
The combined business manages about $735 billion in assets.
Corporate Moves
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.
Corporate Moves
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.
Corporate Moves
Aon Sells Major Stake in NFP Corp. Wealth Business to Madison Dearborn
The $2.7 billion deal is expected to close in the fourth quarter of this year.
Corporate Moves
Partnership Between Cresset and Monticello Announced
The tie-up will create a pool of nearly $200 billion in assets for the firms to oversee and advise and provide clients access to fund managers in the public and private markets.
Corporate Moves
Value of Pension-Backed M&A Deals Soars to $13.6B in Q2
Despite seven fewer transactions than one year earlier, total deal value rose 158%.
Pensions
Qantas Super, Australian Retirement Trust Plan Merger
The combination would give Qantas members access to a broader choice of investment options and enhanced member support and services, including digital and education tools, per Qantas.