Nuveen to acquire Glennmont Partners.

Nuveen, a global investment manager with over $1trn of assets under management, agreed to acquire Glennmont Partners, a Europe’s renewable energy fund manager. The transaction is expected to close during the first quarter of 2021, subject to regulatory approval and other customary closing conditions. Financial terms were not disclosed. “Glennmont has a proven track record of investment excellence in one of the most dynamic and fastest growing infrastructure sectors. The Glennmont team also shares our values and our unwavering commitment to helping investors meet their long-term goals,” Jose Minaya, Nuveen CEO.