Announced
Completed
Financials
Tags
alternative credit manager
Private Equity
Private Equity
United States
Acquisition
Single Bidder
Domestic
Majority
Private
Friendly
Completed
Synopsis
T. Rowe Price, a global investment management organization, completed the acquisition of Oak Hill Advisors, an alternative credit manager, from Wafra, an investment firm, for $4.2bn. "We are very pleased to reach today's milestone and to welcome the talented OHA team to T. Rowe Price. This acquisition allows us to broaden our private markets business and add new capabilities in an area of tremendous client interest and growth," Rob Sharps, T. Rowe Price President.
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