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Deals Of The Day: The Latest In Wealth Management M&A – AEW, Natixis
Editorial Staff
14 February 2024
AEW Europe
, the real estate manager with €82.6 billion ($90.6 billion) of assets under management, as at the end of September last year, has wrapped up its purchase of Natixis Investment Managers International's private debt business.
The business originates and structures infrastructure and private debt real asset investments.
AEW said the deal – the financial terms of which were not disclosed – fits its strategy to establish an international, multi-product private debt platform, a wider range of products, including commercial real estate debt, infrastructure, aviation and corporate debt.
The acquired business is made up of a team of 30 people, based in Hong Kong and Paris. The chief investment officer is Denis Prouteau.
“Private debt is a strategic growth area for us, with strong appeal and an attractive risk profile for our clients in a changing interest rate environment,” Rob Wilkinson, European CEO at AEW, said.