Wealth and Asset Management
Hargreaves Lansdown’s acquisition by private equity could herald a new era for wealth management
The recent acquisition of Hargreaves Lansdown by a powerhouse consortium of private equity groups—CVC Capital Partners, Nordic Capital, and Abu Dhabi Investment Authority (ADIA)—is a big move in the wealth management sector, with the platform accounting for nearly 40% of the U.K. retail investment market. Yet, it comes as no…
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