A private equity firm , KKR , is set to acquire a majority stake in Wealth Management firm , Avendus Capital for around $ 100 m . The deal aims to leverage Avendus ' strong , global market - centric approach to create a full - service " new generation " financial services platform with Avendus ' founders remaining at the helm .
US private equity firm, KKR, is set to acquire a majority stake in Wealth Management firm, Avendus Capital for around $100m. The deal aims to leverage Avendus' strong, existing tech-centric niche to create a full-service "new generation" financial service platform with Avendus' founders remaining at the helm.