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Bain Capital sealed the deal for Perpetual’s wealth management unit on Monday, announcing it had finally closed the book on a near-2½ year corporate break-up saga. The transaction, first revealed by ...

Perpetual has finally closed the book on a near-2½ year corporate break-up saga after agreeing to sell its wealth management unit to Bain Capital for about $500 million. The deal struck over the ...

[SYDNEY] Australian fund manager Perpetual agreed to sell its wealth management unit to buyout firm Bain Capital for A$500 million (S$449 million) as the nation’s wealth sector continues to draw ...

Perpetual has confirmed it has entered into a binding agreement with private equity firm Bain Capital to sell its wealth management business, 13 months after a scrapped deal with KKR. In an ASX ...

Blunt has worked at the firm for a decade as a portfolio manager and head of growth assets at Perpetual Wealth Management. He will also remain as portfolio manager on the Perpetual Growth ...

This article first appeared on GuruFocus. Perpetual (PPTTF) has agreed to sell its wealth management unit to Bain Capital for A$500 million ($350 million), a move that could mark a turning point in ...

Perpetual is selling its Wealth Management arm to Bain Capital in a strategic move to simplify the business and focus on core growth. Binding deal to sell Wealth Management division to Bain Capital ...

March 16 (Reuters) - Australia's Perpetual Limited said on Monday ⁠it ⁠agreed to sell its wealth ⁠management business to private equity firm Bain Capital for an upfront cash payment of A$500 million ...

Another major private equity firm is acquiring wealth management operations in a deal which could lead to expansion of its US operations. Bain Capital is to acquire the wealth management division of ...

HONG KONG — Financial regulators in Hong Kong are going to unveil a framework for trading platforms to offer perpetual contracts, the head of the region's Securities and Futures Commission said ...