Hedge Funds & Alternative Investments
Sovereign wealth
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Abu Dhabi sovereign wealth fund Mubadala nabs Canadian asset manager
Abu Dhabi has landed a deal in the lucrative — and booming — asset management business, agreeing to take private a Canadian wealth management firm through a unit of Mubadala Capital. The $3.4 billion deal, subject to regulator approval, values Toronto-listed CI Financial Corp. at $12.1 billion and boosts the…
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