MetLife Expands Asset Management With $6B Acquisition From Mesirow
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MetLife Investment Management has expanded its asset management capabilities by acquiring a $6 billion portfolio from Mesirow. This acquisition includes high-yield strategies, small-cap equity expertise, and 20 experienced professionals, which are expected to drive growth.
January 09, 2025 | 4:15 pm
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MetLife's acquisition of a $6 billion portfolio from Mesirow enhances its asset management division with high-yield strategies and small-cap equity expertise, potentially driving growth.
The acquisition significantly enhances MetLife's asset management capabilities by adding high-yield strategies and small-cap equity expertise. This strategic move is likely to drive growth and improve MetLife's competitive position in the asset management industry, positively impacting its stock price in the short term.
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