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Amundi Buys Swiss Firm in €350 Million Private Markets Push

(Bloomberg) Amundi SA has acquired Swiss asset manager Alpha Associates AG in a €350 million ($377 million) deal as part of its strategy to expand in the rapidly growing private markets sector.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersChina Replaces Top Markets Regulator as Xi Tries

Amundi to acquire private markets specialist Alpha Associates

Amundi is set to acquire private markets specialist Alpha Associates, as Europe's largest manager looks to expand its presence in the sector.

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