trending Market Intelligence /marketintelligence/en/news-insights/trending/LK8Q7u0zNJkSA4PFZ5fAzA2 content esgSubNav
In This List

Advent International buys stake in India's ASK Group


Latin American and Caribbean Market Considerations Blog Series: Focus on LGD


Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Advent International buys stake in India's ASK Group

U.S.-based private equity firm Advent International Corp. acquired a significant minority stake in India's ASK Group, an investment and wealth management company.

The company did not disclose financial details of the transaction. However, "an official involved in the transaction" said the company bought a 40% stake in ASK Group for around US$130 million, Mint reported Dec. 21.

ASK Group's founders will retain a majority stake in the company. ASK Group manages more than US$4.4 billion of assets.