abrdn PLC on Tuesday said it has agreed to acquire four closed-end funds from First Trust Advisors LP, adding around GBP600 million in assets under management.
abrdn is an Edinburgh-based investor.
British fund manager abrdn said on Monday it will sell its European-headquartered private equity business to Brazilian firm Patria Investments for an upfront cash consideration of 60 million.
abrdn PLC on Monday announced that it has agreed to sell its GBP7.5 billion European-headquartered private equity business to Nasdaq-listed Latin America-focused alternative investment firm Patria.