Man Group Acquires Aalto and Launches “Global Private Markets Business”26 Jan 2017 • by Natalie Aster
LONDON – Man Group Plc is to acquire Aalto Invest, the property investment manager, and to launch a novel business unit, “man global private markets”. The deal is likely to be completed this January.
This acquisition supports Man Group’s continued emphasis on expansion and diversification of its offerings for clients and also on further penetration in the US. Man’s new business unit will offer clients longer term strategies like infrastructure and property investments.
In the years ahead, Man Group plans to develop strategies and target such private markets as credit, real estate and infrastructure, among others.
Man Group believes that building a private markets business presents attractive opportunities for shareholders and clients.
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