B Capital-led consortium acquires Russell Investments
With $416 billion in assets under management, the investment solutions provider was previously owned by TA Associates and Reverence Capital Partners.
Takeaways
- Russell Investments is a investment solutions provider.
- B Capital and Russell Investments are classified as a platform transaction.
Russell Investments, which oversees $416 billion in assets under management as an investment solutions provider, has been acquired by a consortium led by B Capital.
The transaction marks the exit of selling sponsors TA Associates and Reverence Capital Partners.
The consortium, which includes undisclosed backers, has taken the firm as a platform investment.
Russell Investments serves institutional and individual clients, offering a range of investment solutions.
The acquisition provides B Capital and its partners with a foothold in the asset management industry.
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