M and A
Deals Of The Day: The Latest In Wealth Management M&A – AEW, Natixis
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
AEW Europe
AEW Europe, the
real estate manager with €82.6 billion ($90.6 billion) of assets
under management, as at the end of September last year, has
wrapped up its purchase of Natixis Investment Managers
International's private debt business.
The Natixis business
originates and structures infrastructure and private debt real
asset investments.
AEW said the deal – the financial terms of which were not
disclosed – fits its strategy to establish an
international, multi-product private debt platform, a wider range
of products, including commercial real estate debt,
infrastructure, aviation and corporate debt.
The acquired business is made up of a team of 30 people, based in
Hong Kong and Paris. The chief investment officer is Denis
Prouteau.
“Private debt is a strategic growth area for us, with strong
appeal and an attractive risk profile for our clients in a
changing interest rate environment,” Rob Wilkinson, European CEO
at AEW, said.
