PGIM acquires €2.7bn private equities secondaries manager Montana Capital Partners

Price yet unknown

James Baxter-Derrington
clock • 2 min read
The deal is set to complete in Q3 2021
Image:

The deal is set to complete in Q3 2021

PGIM has signed a definitive agreement to acquire Montana Capital Partners (MCP), a European private equity secondaries fund manager with €2.7bn in assets under management (AUM).

The transaction, which is expected to close in Q3 2021 and remains subject to receipt of all regulatory approvals, will see MCP join PGIM's multi-manager structure under the oversight of president and...

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