Goldman Sachs Asset Management and DWS mulling offers for NN Investment Partners - reports

NN Group ‘reviewing strategic options’ for NN IP since April

clock • 1 min read
Goldman Sachs Asset Management and DWS mulling offers for NN Investment Partners - reports

Goldman Sachs Asset Management (GSAM) and DWS are reported to be preparing to make offers for the acquisition of asset manager NN Investment Partners (NN IP).

Back in April, Dutch insurer NN Group said that it was "reviewing strategic options" for its asset management division NN IP, including a merger, joint venture, or partial divestment. In a statement issued on 26 April, the group said: "The current review is aimed at assessing the opportunities to create a broader platform to enable NN IP to accelerate its growth. "In considering different strategic alternatives, particular focus will be given to how NN IP can continue to provide the best investment offering and service to NN's insurance business and asset management clients in a rapid...

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