Walter Global Asset Management (WGAM), the private equity unit of Canadian investment group Walter Financial, is acquiring a minority stake in Madryn Asset Management, a US manager that focuses on investments in healthcare innovation.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
WGAM’s model of investing in a diverse range of asset managers has seen it partner with Montreal-based equity manager LionGuard Capital Management and private credit shop Kilgour Williams Capital.
New York-based Madryn, which has deployed more than $1bn since its inception, provides credit and equity to healthcare and life sciences firms.
Source: Private Equity Wire
Can’t stop reading? Read more
Fund Friday: Top fundraising news in private equity
Fund Friday: Top fundraising news in private equity Aquilius Investment Partners, a...
KKR powers past $723bn AUM on record fundraising and historic investment pace
KKR powers past $723bn AUM on record fundraising and historic investment pace KKR & Co. posted...
Ardian to acquire 90% stake in Centrotherm, boosting European semiconductor portfolio
Ardian to acquire 90% stake in Centrotherm, boosting European semiconductor portfolio Ardian has...