AllianceBernstein to Acquire Global Private Alternatives Manager CarVal Investors
/PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB), a leading research and global investment firm,...
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/PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB), a leading research and global investment firm,...
/PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB), a leading research and global investment firm,...
CarVal has more than $14B in assets under management
The US group will purchase CarVal Investors, which will rebrand but work independently, for $750m.
AllianceBernstein agreed to acquire CarVal Investors, a credit, energy infrastructure, specialty finance and transportation manager.