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GTCR and Reverence Capital Partners to Acquire Wells Fargo Asset Management
Leading private equity firms to partner with management, portfolio managers, and employees to establish the Wells Fargo unit as an independent company
- As an independent company, Wells Fargo Asset Management will operate with the singular focus of best serving the needs of its global institutional, retirement, and wealth management clients
- GTCR and Reverence Capital are focused on investing in the franchise to support sustained growth of the business, building upon the company s culture of investment performance, innovative solutions, and client service
- The business will continue be led by CEO Nico Marais and other senior managers of WFAM
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;