3i acquires Mizuho’s debt management unit
London-based private equity firm 3i has completed its acquisition of Mizuho Bank’s debt management business unit, Mizuho Investment Management (MIM). Deal size was not disclosed but UK-based MIM manages £3.7 billion of assets.
In a statement, 3i said that the firm will boost total asset under management to c£4.0 billion after the consolidation of MIM. Upon completion of deal, Jeremy Ghose, CEO of MIM will be appointed as...
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