New York-based fund administration group Gen II Fund Services, which is backed by Hg and General Atlantic, is exploring a potential sale that could value the business at up to $6bn, according to a report by the Financial Times citing unnamed market sources.
The company’s owners are understood to be in early-stage discussions regarding a possible transaction later this year. No formal sale process has been launched and advisers have yet to be appointed, with timing and structure still subject to...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
