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Showing 1 - 10 of 55 results for "Bain Capital"

Perpetual to overhaul J O Hambro

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
... cost management practices that support operating leverage." Should the sale of the wealth management business to Bain Capital finalise before the end of 2026, the group will comprise two units - asset management and corporate trust. For asset management ...

Insignia Financial delists from ASX

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2026
... war for the wealth manager which resulted in it receiving eight non-binding indicative proposals from CC Capital, Bain Capital and Brookfield Capital Partners. Bain Capital initially placed a takeover bid to acquire all of Insignia's shares at $4 ...

Perpetual AUM falls by $8.3bn in March quarter

RIDDHIMA TALWANI  |  WEDNESDAY, 22 APR 2026
... for the year. Reilly added he was pleased to have announced the sale of Perpetual's wealth management business to Bain Capital, which was announced in March. "Subject to the satisfaction of conditions precedent, the sale is expected to complete later ...

Insignia Financial shareholders approve takeover

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... war for the wealth manager which resulted in it receiving eight non-binding indicative proposals from CC Capital, Bain Capital and Brookfield Capital Partners. Bain Capital initially placed a takeover bid to acquire all of Insignia's shares at $4 ...

Perpetual multi asset leads exits

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
... created managed accounts affiliate at Pinnacle. The changes come ahead of the sale of Perpetual's wealth business to Bain Capital, with head of growth assets David Blunt stepping in as acting chief investment officer. Kav oversaw the firm's multi-manager ...

Geoff Lloyd to lead Perpetual wealth spin-off

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Geoff Lloyd will become executive chair of the fund manager's wealth platform following its recent acquisition by Bain Capital. Earlier this week, Bain agreed to buy Perpetual Wealth Management, which has $21.9 billion in funds under advice, in a ...

Bain Capital to acquire Perpetual's wealth management unit

KARREN VERGARA  |  MONDAY, 16 MAR 2026
Following months of due diligence, Bain Capital will acquire Perpetual's wealth management business for $550 million. The two parties entered the binding agreement that will see Perpetual license its Perpetual Wealth and Perpetual Private brands ...

Perpetual names interim investment chief

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... wealth management arm has appointed a new investment lead ahead of an anticipated sale of the business to buyout firm Bain Capital. David Blunt, who is head of growth assets, has been named acting chief investment officer, taking over from Kyle Lidbury ...

Perpetual sees 349% profit jump

RIDDHIMA TALWANI  |  THURSDAY, 26 FEB 2026
... $70-$80 million savings by FY27. Perpetual also updated investors about the sale of its wealth management arm to Bain Capital saying talks are still in progress while the segment of the business continues to show "resilience". "Perpetual delivered a ...

Perpetual hit by $7.8bn net outflows in Q2

ELIZA BAVIN  |  THURSDAY, 29 JAN 2026
... flat on the prior quarter as it continues to push ahead with a sale. "Perpetual has progressed negotiations with Bain Capital Private Equity on the potential sale of its wealth management business. Significant progress has been made on the transaction ...
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