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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
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