Wealth and Asset Management
Paul Allen estate exits Cercano as $10.5bn wealth manager goes employee-owned
The estate of Microsoft co-founder Paul Allen has sold its stake in Cercano Management, completing a further unwind of assets linked to the late billionaire and leaving the wealth adviser fully employee-owned, says Bloomberg. Cercano, which oversees about $10.5bn in assets, was spun out of Allen’s family office four years…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Private Equity Insights