All articles by Satarupa Bhowmik
Satarupa Bhowmik
M&G Investments to acquire 70% stake in P Capital Partners
The transaction will integrate PCP into M&G’s £73bn private markets business.
Montagu to buy Temenos’ fund accounting software business
The deal will see Multifonds emerge as a standalone entity, remaining under the leadership of its current management team.
Carnegie expands with Eagle Ridge Investment Management acquisition
This deal brings in an additional $1.3bn in AUM and 14 employees from Eagle Ridge Investment Management.
Proteus, Pathway partner on private investment access platform
The platform aims to expand access to private market investments for RIAs and their high-net-worth clients.
DriveWealth, OneVest team up to enhance wealth tech for enterprises
DriveWealth’s partners will gain a white-labelled platform with modules for various services.
BlackRock to add 1,200 jobs in India for AI push
This move is set to expand the company’s two support hubs in Mumbai and Gurugram.
UBS swings back to profit in Q4 2024
The Swiss bank’s total revenues increased to $11.63bn in Q4 2024 from $10.86bn in Q3 2024.
Mercer Advisors acquires Tennessee’s Financial Partners Group
The acquisition strengthens Mercer Advisors’ Nashville presence and adds $660m in assets to its books.
Digital private equity firm Moonfare opens doors in Australia
The move offers eligible investors low-minimum access to select funds from top managers like KKR, EQT, and Carlyle Group.
Julius Baer sheds 400 jobs, downsizes executive board
The company’s executive board has now been trimmed from 15 to 5 members, as the bank eyes another CHF110m in cost savings.