Announced

Nexus and APS to acquire a minority stake in Post.

Synopsis

Nexus Capital Management, an investment manager, and Aranda Principal Strategies, a wholly-owned subsidiary of Temasek, agreed to acquire a minority stake in Post Advisory Group, a credit investment management firm. Financial terms were not disclosed. "The new ownership structure, combined with the capital commitments from Nexus and APS, gives us additional resources to develop new capabilities, further enhance our platform, and expand partnerships with global investors seeking credit-related investment solutions that deliver attractive outcomes,” Jeffrey Stroll, Post Advisory Group CEO and Co-CIO.

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MergerLinks - Nexus and APS to acquire a minority stake in Post.