A private equity firm , KKR , is set to acquire a majority stake in Wealth Management firm , Avendus Capital for around $ 100 m . “But today as a full-service investment bank, it has diversified capabilities even in consumer and financial services. 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 .
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 .