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KiwiSaver provider snapped up by US private equity

Russell Investments NZ managing director is confident the sale will mean growth for the asset manager. 

Calida Smylie
Tue, 13 Oct 2015

Global asset management firm Russell Investments is being sold by its owner, the London Stock Exchange, to two US private equity companies.

London Stock Exchange (LSE) announced the sale to TA Associates and Reverence Capital for $US1.15 billion ($1.721 billion), with the deal due to go through in

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Calida Smylie
Tue, 13 Oct 2015
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KiwiSaver provider snapped up by US private equity
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