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Europe's biggest fund house is on the march into a booming sector

Asset Management Correspondent

Amundi, Europe's largest asset manager, has bought Swiss private markets specialist Alpha Associates, making it the latest fund group to expand into the booming asset class through acquisition.

The Paris-headquartered asset manager announced on 7 February that it will acquire the Zurich-based firm for up to €350m, a move set to boost its existing private markets capabilities to around €20bn.

Amundi acquires Alpha Associates in private markets push

David Ricketts

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