Acquisition · Adviser / wealth-management
abrdn U.S. private-markets business
Transaction overview
Reported completed
Exact closing date not established.
On October 3, 2023, HighVista Strategies reported completing its acquisition of abrdn Inc.’s U.S. private-markets business, following the agreement announced July 20, 2023. The transaction covered the private-equity and venture-capital business and teams, not all of abrdn. The exact closing day and price were not stated; the $4 billion of added assets and approximately $9 billion of combined assets are managed assets, not consideration.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- HighVista Completes Acquisition of abrdn’s U.S. Private Markets Business ↗
Official firm website · Published Oct 3, 2023
Reports completion of HighVista Strategies’ acquisition of abrdn’s U.S. private-markets business, its business scope and managed assets; does not specify the exact closing day.
- Abrdn Acquisition Announcement ↗
Official firm website · Published Jul 20, 2023
Announces the acquisition agreement on July 20, 2023 and identifies HighVista Strategies LLC and the U.S. private-markets business being acquired.