Tag: Bloomberg
Centerbridge Partners Reportedly Mulling Purchase of Advisor Group for $2 Billion
Bloomberg reported that Centerbridge Partners LP is in talks to purchase independent broker-dealer network Advisor Group for more than $2 billion, citing anonymous sources...
Industrial Property Trust Reportedly Exploring Strategic Options
Industrial Property Trust Inc., a publicly registered non-traded real estate investment trust sponsored by Black Creek Group LLC, is reportedly exploring strategic options, including...
Cetera Acquired by Private Equity Firm Genstar Capital
After months of speculation, Cetera Financial Group, the second largest independent broker-dealer in the nation, has agreed to sell a majority stake of its...
LPL and Advisor Group Parent Among Potential Cetera Buyers
LPL Financial and Advisor Group-owner Lightyear Capital are showing interest in buying Cetera Financial Group’s network of six independent broker-dealer firms, according to a...
Cetera Discloses Capital Structure Review, Retains Goldman Sachs
Cetera Financial Group, a network of six independent broker-dealer firms, has disclosed a capital structure review and confirmed the retention of Goldman Sachs &...
