Houlihan Lokey writes that, driven by a strengthening M&A market and increasing pressure on funds to deploy capital, UK sponsor-backed financing activity experienced a notable increase in Q2 2024, according to the latest data released by global investment bank, Houlihan Lokey.
The BNP Paribas Group has announced that it has entered into exclusive negotiations with AXA to acquire 100 per cent of AXA Investment Managers (AXA IM), representing close to EUR850 billion in assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets.
Amundi has announced that it has reached a definitive agreement with Victory Capital for their previously announced transaction.
Data from Houlihan Lokey’s MidCapMonitor showed that UK sponsor-backed financing activity significantly increased YoY in Q1 2024.
Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in global sponsor-backed deal-making.
Hugh Elwes, managing director at Stephens, writes that the UK wealth management sector continues to display remarkable resilience, despite ongoing economic challenges.
Compliance and risk managers Waystone and KB Associates (KBA), an Irish UCITS management company, have announced the successful conclusion of the merger of KBA into the Waystone Group.
Apex Group has announced its agreement to acquire IP Fund Managers Guernsey, a Guernsey investment management company.
Hong Kong-headquartered Value Partners Group has announced what it describes as ‘the strategic investment by GF Holdings (Hong Kong) Corporation Limited (“GF Hong Kong”), a wholly owned subsidiary of GF Securities Co., Ltd. (“GF Securities”) into Value Partners’.
Liontrust, the specialist fund management group, has announced that it has conditionally agreed to acquire the entire issued share capital of GAM Holding AG (GAM), a global investment management firm with GAM’s Investment Management division having AuMA of CHF23.3 billion (GBP20.9 billion) as at 31 March 2023.
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