Wealth management firm Quilter is understood to be a possible target of US private equity firm Warburg Pincus, according to reports.
Warburg Pincus is among the largest private equity buyer of financial services investments, having bought stakes in Chinese firm Ant Financial and Swiss banking-software developer Avaloq Group AG. People...
Deal was announced in June this year
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Positive and negative emotions
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.