The UK platform sector has seen several cases of private equity (PE) buy-outs in recent years, and that trend it set to continue, research by Cerulli Associates has found. For the most part, private equity focus has been on buying mid-sized advised platforms, a trend Cerulli, which provides data for asset and wealth management firms, predicted will continue. According to the data firm's latest issue of The Cerulli Edge - Global Edition, PE ownership of platforms has increased from 2% of the market to 15% over the past five years. Cerulli said that opportunity for PE firms lies in c...
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