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Wealth and Asset Management

Close Brothers completes sale of Close Brothers Asset Management to Oaktree

March 3, 2025

By News Team

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Following the announcement on 19 September 2024, Close Brothers Group plc has announced that, following receipt of the required regulatory approvals, it successfully completed the sale of its wealth management business, Close Brothers Asset Management to funds managed by Oaktree Capital Management, L.P. on 28 February 2025 (the “Transaction”). Mike…

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