M&G's acquisition of a Gala Bingo portfolio means the Prudential's fund manager has invested over £5 billion in private-financing deals during 2014 – as investors queue up to put money to work in private markets.

The £173 million deal, announced Monday, tips M&G to just over a total of £5 billion invested in private-financing transactions during 2014, according to the firm.

M&G hits a £5bn full house with Gala Bingo deal

Fund manager has hit a significant milestone amid increasing interest from pension funds in private finance

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