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Claim fits with Winkelried’s declared priority to “add a credit strategy”.
The European fund manager’s deal is expected to close in the second half of this year and will almost double the size of its asset servicing activities.
negotiations, handshake, business, M&A, deal, transaction, acquisition
2022 was in many respects a terrible year for dealmakers. But it was not such an ill wind for all of them.
Purchase of one of the largest European credit managers brings the AUM of FT's alternative strategies to $260bn.
Purchase will add to GA’s ‘experience in public and private credit strategies'.
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