After Scandal and Failed Sale, AMP Plans to Spin Out Private Market Business
Posted on 04/24/2021
AMP Capital is a significant money manager in terms of AUM size and clients in the infrastructure and real estate space. AMP Ltd. made a tough decision is decided to split off its private markets business. This is after AMP ended discussions about a possible A$ 6.4 billion sale to Los Angeles-based Ares Management Corporation. […]
