Acquiror(s) | Acquired or
Target Company | Type of Transaction
and Status |
| BlackRock, Inc., a global investment manager with approximately $6.28 trillion in AUM | Tennenbaum Capital Partners, LLC, a private credit manager with approximately $9 billion of committed client capital | Acquisition
(terms not disclosed) |
| Blackstone Strategic Capital Holdings, a Blackstone permanent capital vehicle which specializes in acquiring long term interests in leading alternative asset managers | Rockpoint Group, L.L.C., a real estate private equity firm and registered investment adviser | Acquisition of a passive, minority equity stake (terms not disclosed) |
| Franklin Templeton, a California-based global investment management organization with approximately $753 billion AUM | Edinburgh Partners Limited, an independent fund management company that specializes in global and emerging markets equities with approximately $10 billion AUM | Acquisition
(terms not disclosed) |
| Lovell Minnick Partners LLC,a private equity firm with expertise in investing in the financial and related business services sectors with approximately $1.7 billion in committed capital | CenterSquare Investment Management, a global investment manager focused on actively managed real estate and infrastructure strategies with approximately $8.9 billion AUM of real estate and infrastructure securities | Acquisition
(terms not disclosed) |
| Macquarie Infrastructure and Real Assets, a division of Macquarie Asset Management of Macquarie Group with approximately €94 billion AUM | GLL Real Estate Partners, a real estate investment management group that focuses on commercial property portfolios in the international real estate sector with approximately $8.66 billion in AUM | Acquisition
(terms not disclosed) |
| Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. | BFC Asset Management Co., Ltd., a Japanese independently owned multi-manager | Acquisition
(terms not disclosed) |
| Oaktree Capital Management, L.P., an investment manager specializing in alternative investments with approximately $100 billion AUM and White Mountains Insurance Group, Ltd., a Bermuda-domiciled financial services holding company with approximately $6.5 billion AUM | Kudu Investment Management, LLC, a capital provider to asset management and wealth management firms | Acquisition of minority stake for $250 million |
| Scotiabank, a Canadian international bank | Jarislowsky, Fraser Limited, an independent investment management firm with approximately $40 billion AUM | Acquisition with a purchase price payable at closing of approximately $950 million will be satisfied primarily by the issuance of Scotiabank common shares |
| StepStone Group Real Estate LP, a real estate investment firm that is part of StepStone Group LP, a private firm that oversees approximately $130 billion in private capital allocations with approximately $34 billion AUM | Courtland Partners, Ltd., an institutional investment adviser that provides advisory services in the real estate, infrastructure, energy, timber and agriculture sectors with approximately $95 billion AUM | Acquisition
(terms not disclosed) |
| Virtus Investment Partners, Inc. a distinctive partnership of boutique investment managers | Sustainable Growth Advisers, a growth equity manager focused on providing high conviction U.S., global and international portfolios primarily for institutional clients with approximately $11.6 billion AUM | Acquisition of a majority interest (terms not disclosed) |
| W.E. Donoghue & Co., LLC, a boutique investment firm with approximately $2.6 billion AUM | JAForlines Global, a New York-based investment management company with approximately $700 million AUM | Acquisition
(terms not disclosed) |
| White Oak Equity Partners, a private equity firm that purchases non-controlling GP interests in alternative asset managers | FCO Advisors LP, a private municipal credit focused investment fund | Acquisition of a minority interest (terms not disclosed) |