Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
Rimes was founded in 1996. Its customers represent more than $75tn in global AUM, according to a press release.
The transaction is subject to customary regulatory approvals and is expected to close in the coming months.
EQT and Rimes were advised by Evercore and Latham and Watkins. Five Arrows was advised by Jefferies and Shoosmiths.
Source:Private Equity Wire
Can’t stop reading? Read more
Permira pivots Asia strategy toward India, winding down China offices amid regional reshuffle
Permira pivots Asia strategy toward India, winding down China offices amid regional reshuffle...
KKR appoints Morgan Stanley for potential Logisteed IPO in Tokyo as Japan’s listing market heats up
KKR appoints Morgan Stanley for potential Logisteed IPO in Tokyo as Japan’s listing market heats...
Private equity in 401(k)s: who it suits—and who should steer clear
Private equity in 401(k)s: who it suits—and who should steer clear As private equity becomes more...