Global private equity investment firms H.I.G. Capital and General Atlantic have sold down their stakes in FNZ, which provides technology to a number of popular adviser platforms, valuing the company at £1.65bn.
H.I.G. Europe, an affiliate of H.I.G. Capital, held a stake worth one-third of the investment platform technology business, which it has sold to Caisse de Depot et Placement du Quebec and Generation Investment...
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