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Former Schroders Capital chief named CEO of €40bn investment group Cofra

Cofra Holding, the investment group controlled by the billionaire Brenninkmeijer family, has appointed former Schroders Capital chief executive Georg Wunderlin as its next CEO, marking the first time…

  • Georg Wunderlin, former Schroders Capital CEO, appointed as Cofra's new CEO.
  • Wunderlin to replace Boudewijn Beerkens in April 2027, pending approval.
  • Cofra manages over €40 billion in assets across private equity, real estate, and asset management.

Vanguard raises $4bn in private debt to finance Altruist acquisition

Vanguard Group has raised approximately $4bn through the private placement debt market to finance its acquisition of digital wealth management platform Altruist, according to a report by Bloomberg.

  • Vanguard raised $4 billion in private debt for Altruist acquisition.
  • Financing arranged by Bank of America, Citigroup, and JPMorgan Chase.
  • Altruist provides tech and custody services to independent financial advisers.

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