Management buyouts

Watch breaking news videos and read news updates about Management Buyouts on pionline.com

  1. Victory Capital acquires Munder Capital, will form new firm

    trueVictory Capital Holdings is acquiring Munder Capital Management for an undisclosed amount.

    Articles

  1. BMO buys F&C in $1.2 billion deal

    trueBMO Financial Group is acquiring U.K. money manager F&C Asset Management in a C$1.3 billion (US$1.2 billion) deal, doubling BMO Global Asset Management's assets under management to US$269 billion.

    Articles

  2. Aberdeen Asset Management to buy SWIP from Lloyds

    trueAberdeen Asset Management will acquire Scottish Widows Investment Partnership Group and its related private equity and infrastructure fund management businesses from Lloyds Banking Group under a long-term agreement.

    Articles

  3. Blacktone's Schwarzman regrets selling BlackRock in 1994

    trueSteve Schwarzman said his decision 19 years ago to sell what would become the world's largest money manager was a “heroic” mistake.

    Articles

  4. New York Life Investments buys Dexia Asset Management for €380 million

    trueNew York Life Investments acquired Dexia Asset Management for €380 million ($513 million).

    Articles

  5. Legg Mason sells value equity unit in MBO

    trueLegg Mason sold Private Capital Management, a value equity subsidiary based in Naples, Fla., to PCM management. Terms were not disclosed.

    Articles

  6. Friess employees to buy back firm from AMG

    trueFriess Associates, the adviser for the Brandywine mutual fund family, will become a 100% employee-owned firm after announcing its employees will buy the 70% stake owned by Affiliated Managers Group.

    Articles

  7. Amundi buys Smith Breeden for U.S. expansion

    trueAmundi agreed to acquire Smith Breeden Associates, a fixed-income specialist with about $6.3 billion in mostly institutional assets under management.

    Articles

  8. Legal & General, like Aberdeen, not interested in SWIP purchase

    trueLegal & General Group ruled out bidding for Lloyds Banking Group's Scottish Widows Investment Partnership as it posted first-quarter cash flow that beat analysts' estimates.

    Articles

  9. AXA spins off AXA Private Equity

    trueAXA Group will sell its subsidiary AXA Private Equity to a group led by management, employees and external investors.

    Articles

  10. Investec Asset Management staffers buy 15% stake for $269 million

    trueInvestec Asset Management CEO Hendrik du Toit and about 40 senior managers and employees will buy a combined 15% stake in the firm for £180 million.

    Articles

  11. TCW gets new board as Carlyle takes ownership reins

    trueTCW Group has a new board of directors as part of the closing of a sale Wednesday to Carlyle Group and company employees from French bank Societe Generale.

    Articles

  12. KKR buys 25% stake in Nephila

    trueKKR made a minority interest investment in Nephila Capital, a money manager that invests in reinsurance risk, including natural catastrophe and weather risk.

    Articles

  13. Dyal Capital buys stake in multistrategy hedge fund manager Halcyon

    trueHalcyon Asset Management sold a 20% passive minority stake to Dyal Capital Partners.

    Articles