Saturday, 29 August 2015
Last updated 1 day ago
Feb 27 2014 | 12:10pm ET
Private-equity firm Permira has agreed to buy wealth-management business Tilney from Deutsche Asset and Wealth Management.
Permira plans to merge Tilney with Bestinvest, the investment adviser acquired by Permira last year. The combined business will have £9 billion in assets under management.
“This will propel the combined group right up to the top of the table in the U.K. market,” Bestinvest’s Jason Hollands said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…