In the Margins

Warburg Pincus mulls Mutual Fund Store sale

October 2, 2015

By BloombergBusiness

Private equity firm Warburg Pincus is considering selling Mutual Fund Store, a consumer finance adviser. The deal could value the company at about $700 million, according to people with knowledge of the matter. Warburg Pincus acquired its stake in Mutual Fund Store in 2011 from Summit Partners, also a private equity firm. Read the original story from BloombergBusiness

 

 

Most Read

Top of the Agenda - Industry Groups
With a D&I focus, IDC launches two new initiatives

Independent Directors Council said this week it has formed two new partnerships designed to enhance diversity and inclusion in the mutual fund director community. Both initiatives ...