M&G Investments agreed to acquire a majority stake in European private credit business P Capital Partners, in a move that supports its strategic growth plans and private markets business.

Capricorn Investment Group has invested in Closed Loop Capital Management, the company’s asset management business.

Partners Capital manages more than $30B in assets for US clients, including educational endowments, prestigious foundations, family offices and private clients, offering customised investment ...

M&G Plc bought a majority stake in Stockholm-based P Capital Partners, the latest sign of traditional asset managers racing to bulk up their private-market capabilities.