Schroders Exits from RWC Partners
Posted on 10/30/2019
Schroders sold its 41% equity stake in U.K. asset manager RWC Partners. In detail, Schroders sold 41% of RWC, with several investors selling off an additional 6% of the company. The shares were bought by RWC staff and U.S.-based Lincoln Peak Capital, which will take a 27% stake in RWC. RWC has £13.9 billion in […]