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TA Associates eyes sale of Russell Investments: report

Nov 19, 2019 - Marketline Newswire
Board and Executive Moves-Mergers and Acquisitions

Private equity firm TA Associates has reportedly appointed Goldman Sachs to explore the divestment of its subsidiary Russell Investments.

The move was reported by the Financial Times citing sources familiar with the matter. However, Russell Investments and TA Associates did not respond to the publication queries. Goldman Sachs too refused to comment. The FT report did not clarify how much money TA Associates is planning to seek through this divestment. In 2016, TA Associated acquired Russe...