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New Deal


Announced

Macquarie Asset Management to invest in BondBloxx.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Asset Managers and Custodians

Private Equity

Friendly

United States

investment adviser

Pending

Acquisition

Cross Border

Minority

Synopsis

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Macquarie Asset Management, a global asset manager that provides access to specialist investment expertise across public and private markets, agreed to invest in BondBloxx, a provider of precision fixed income ETFs. Financial terms were not disclosed. "BondBloxx has an experienced team that has a strong history of building innovative ETF solutions. By creating this partnership, we look forward to enhancing the work BondBloxx is driving to offer fixed income investors more tools and greater sophistication in managing their portfolios," Shawn Lytle, Macquarie Asset Management Global Head of Public Investments.

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