US private equity house Lovell Minnick Partners has agreed to buy a majority stake in $4.1bn-managing wealth and asset manager London & Capital. The post Lovell Minnick picks up majority stake in veteran wealth, asset
Private equity giants Blackstone and Carlyle have led an oversubscribed Series A extensions for fintech business Canoe Intelligence after being impressed as customers of the company. The post Canoe Intelligence impressed customers Blackstone, Carlyle so
Implementing compliant regulatory processes around cross-border promotion, data management and investor profiling are the main reasons eight out of ten wealth managers struggle to offer clients access to private markets, new data shows. The post
Private equity house Synova has scored an impressive 4.5x return selling UK wealth manager Fairstone Group to buyout major TA Associates.
Nordic wealth manager Formuesforvaltning is set to be bought by private equity players IK Investment Partners and Intermediate Capital Group.
Specialist private equity investor AnaCap Financial Partners has agreed its third buyout in the UK wealth management platform space with the purchase of Novia Financial.
Apiary Capital has backed the launch of independent financial advisory buy-and-build business Radiant Financial Group through a capital investment.
Parthenon Capital has agreed to sell its stake in $10bn-managing retirement and wealth management business Allworth Financial to an investment group led by Lightyear Capital and the Ontario Teachers' Pension Plan.
Private wealth managers need to urgently increase their use of technology or risk being left behind by competitors, research from fintech firm Delio suggests.
