The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Who Exactly Are the Robeco Bidders? Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, October 10, 2012

Who Exactly Are the Robeco Bidders?

News summary by MFWire's editors

So Robeco is up for sale, which means subsidiary Harbor Funds could be changing hands.

We know the names of the three bidders, but who exactly are these companies?

Affiliated Managers Group (AMG) is well known to fundsters. The fund shop has $385 billion in AUM as of June 30, according to a company spokesperson. This purchase would be a major boost for AMG head Sean Healey, since Harbor Funds' $65 billion of AUM would represent around one-sixth of AMG's current assets.

AMG is partnering with Permira, a European PE firm, in its bid for Robeco.

The second bid is a PE consortium of Advent International and CVC. That name also probably sound familiar to fund insiders. CVC was the lead bidder to buy iShares from Barclays in 2009, before BlackRock swooped in to buy all of BGI.

CVC has $50 billion in its funds.

Advent International is a global private equity firm with U.S. offices in Boston and New York.

The final bid is from Orix, a Japanese firm whose U.S. arm holds $25 billion AUM. The U.S. business is based in Dallas, Texas.  

Edited by: Ben Geier

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use