Announced
Completed
Financials
Tags
asset management
Cross Border
Private
Majority
Friendly
Asset Managers and Custodians
United Kingdom
Acquisition
Private Equity
Single Bidder
Completed
Synopsis
Manulife Investment Management, an investment services provider, completed the acquisition of CQS, a multi-sector alternative credit manager. Financial terms were not disclosed. "Today sees the joining together of our two businesses as Manulife | CQS Investment Management. Manulife IM is the ideal home for CQS, and this step marks the start of an exciting new chapter for our clients, our colleagues, and our alternative credit platform. Together we will open significant new opportunities for our clients who will benefit from the scale and capital strength of our new parent," Soraya Chabarek, CQS CEO.
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