212 views
Photo from Envato Elements

Nuveen sells minority stakes to HPC and Temasek

Nuveen will maintain majority ownership following the transaction.

Nuveen Private Capital has entered into a strategic partnership with Hunter Point Capital (HPC) and Temasek, both of which are taking minority stakes in the firm.

As part of the agreement, Temasek will also provide long-term capital commitments to support the platform’s existing and future investment strategies.

Nuveen will maintain majority ownership following the transaction, whilst senior management and employees of Churchill and Arcmont will retain minority stakes.

According to the firm, there will be no changes to its investment strategy, leadership team, or day-to-day operations.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.