GSAM 'adds scale' to European business as NN IP acquisition completes

NN IP’s 900 employees to move across

clock • 1 min read
GSAM 'adds scale' to European business as NN IP acquisition completes

Goldman Sachs has completed the acquisition of NN Investment Partners (NN IP) from NN Group NV for approximately €1.7bn, taking its assets under management to $2.8trn.

The deal, which was announced in August last year, will see NN IP's more than 900 employees join Goldman Sachs Asset Management (GSAM) and brings the latter's assets under supervision in Europe to more...

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