The Carlyle Group takes majority stake in Calastone

Group's stake to be bought for undisclosed fee

Mike Sheen
Calastone management retain a minority stake in the business under the deal

Calastone management retain a minority stake in the business under the deal

Private equity and alternatives fund house The Carlyle Group is set to take a majority stake in Calastone, with the world's largest funds network set for its "next phase of its development and growth".

The transaction, which is being advised by Barclays, will see Calastone management retain a minority stake in the business, and will support the business' growth plans and international expansion. Covid-19...

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