Amundi to acquire private markets specialist Alpha Associates

Combined €20bn of assets

clock • 2 min read

Amundi is set to acquire private markets specialist Alpha Associates, as Europe's largest manager looks to expand its presence in the growing sector.

The firm announced today (7 February) that it has signed a binding agreement for the acquisition of the Zurich-based asset manager, which manages €8.5bn of assets. Once the transaction is completed, Amundi will manage a combined €20bn of assets in the sector, with a team of over 70 experts and a multi-manager offering spanning private debt, infrastructure, private equity and venture capital.   BlackRock acquires Global Infrastructure Partners for $12.5bn in private markets push The deal will also provide the asset management giant with an enlarged client base, a bigger geographi...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Update: Woodford scheme of arrangement sanctioned by High Court

Update: Woodford scheme of arrangement sanctioned by High Court

Appeal process open until 23 February

James Baxter-Derrington
clock 09 February 2024 • 3 min read
Hiro Metaverse Acquisitions SPAC delists following failure to identify merger target

Hiro Metaverse Acquisitions SPAC delists following failure to identify merger target

London Stock Exchange

Cristian Angeloni
clock 08 February 2024 • 1 min read
Amundi nets €26bn inflows in 2023 as profits jump 3.9%

Amundi nets €26bn inflows in 2023 as profits jump 3.9%

Net inflows of €19.5bn in Q4

Valeria Martinez
clock 07 February 2024 • 2 min read
Trustpilot