BrightSphere Investment Group Announces Agreement to Sell Affiliate, Landmark Partners LLC
BrightSphere and the management team of Landmark Partners LLC have entered into an agreement to sell 100% of the equity interests in Landmark to Ares Management Corporation. BrightSphere to receive approximately $724 million in cash for its 60% ownership interest in Landmark and its co-investment in Landmark funds BrightSphere Investment......