Jupiter Buys Charity Specialist CCLA in £100mn Deal
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9 Articles
Jupiter Money names Akhilesh Jha as Senior Vice President - Banking and Partnerships
Bangalore: Jupiter Money, a money platform, has announced the appointment of Akhilesh Jha as Senior Vice President, Banking and Partnerships. In this strategic role, Akhilesh will drive Jupiter’s partner-led growth across savings, credit, and payments, as the platform continues its mission to simplify money management for digital-first Indians. Bringing over two decades of experience in banking, Akhilesh previously served as Head of Retail Banki…
Jupiter acquires charity investor CCLA in £100m deal
FTSE 250-listed asset manager Jupiter has acquired the London-based charity asset manager CCLA for £100m, in a deal that will be funded entirely from existing balance sheet cash resources. CCLA is the UK’s largest asset manager focused on serving non-profit organisations, managing more than £15 billion in assets under management on behalf of charities, religious
Jupiter shares jump on £100m CCLA acquisition
Jupiter Fund Management has snapped up CCLA Investment Management for £100m, subject to regulatory approvals. The deal will add £15bn in assets under management, run on behalf of charities, religious institutions and local authorities, when it completes before the end of 2025. CCLA will retain its brand, investment teams and client engagement model to ensure client continuity. See also: EQ Investors ends sale conversations to remain independent …
Jupiter snaps up UK's largest investment manager for non-profits in £100m swoop
The FTSE 250 fund manager said the deal to buy CCLA will deliver at least £16m in annual recurring cost savings as it seeks to streamline support functions and incorporate CCLA's technology to reduce duplication in systems.
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