Tag: asset management company

Wells Fargo to divest asset management business to GTCR and Reverence Capital for $2.1bn

businessnewstoday- February 23, 2021

Wells Fargo & Company has agreed to divest its asset management business - Wells Fargo Asset Management (WFAM) to private equity firms GTCR and Reverence ... Read More

Owl Rock, Dyal Capital to create $45bn asset manager Blue Owl Capital

businessnewstoday- December 27, 2020

Owl Rock Capital Group and Dyal Capital Partners will merge their businesses to create Blue Owl Capital, a US-based alternative asset management company, which will ... Read More

Macquarie Asset Management to acquire Waddell & Reed Financial for $1.7bn

businessnewstoday- December 3, 2020

Macquarie Asset Management has signed a deal worth around $1.7 billion to acquire US-based asset and wealth management company Waddell & Reed Financial. The asset ... Read More

Ant Financial, Vanguard create JV for investment advisory services in China

businessnewstoday- December 16, 2019

Ant Financial Services, a Chinese fintech company owned by Alibaba Group, has created a joint venture (JV) with The Vanguard Group, a US asset management ... Read More

Assured Guaranty completes $160m acquisition of BlueMountain Capital

businessnewstoday- October 2, 2019

Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has completed its previously announced $160 million acquisition of ... Read More

Assured Guaranty to acquire BlueMountain Capital Management

businessnewstoday- August 8, 2019

Assured Guaranty acquisition of BlueMountain : Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has agreed to ... Read More