Goldman Sachs announced the deal to acquire Nn Investment Partners from Nn Group NV. for about 1.6 billion euros. The transaction is expected to close by the end of the first quarter of 2022, subject to approvals and regulatory and other conditions. A note communicates it. Nn Investment Partners is one of the leading European asset managers based in The Hague. It has approximately $ 355 billion in supervised assets and approximately $ 70 billion in consulting assets. It employs around 900 people in 15 different countries.
“This acquisition allows us to accelerate our growth strategy and expand our asset management platform. Nn Investment Partners offers a leading client franchise in Europe and an extension of our strength in insurance wealth management,” commented the CEO of Goldman Sachs, David Solomon.