Announced
Financials
Tags
Private
Single Bidder
Asset Managers and Custodians
Private Equity
Friendly
United States
investment adviser
Pending
Acquisition
Cross Border
Minority
Synopsis
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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