Marshall Wace

KKR Ups Bet On Hedge Fund Industry With Marshall Wace Stake

KKR is enhancing its footprint on the hedge fund industry by taking a 24.9% stake in Marshall Wace, one of the City of London’s oldest hedge funds.

The cash and stock deal is expected to be completed this year and upon close, the existing management team of Marshall Wace will continue to manage its business independently.

KKR has option to enhance stake to 40%
As part of . . .


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