Axight takes stake in Brookfield’s La Trobe Financial at $2.1bn valuation
The investment manager is betting on the resilience of Australia's private credit market by taking a major stake in the Brookfield-owned asset manager.
Abu Dhabi-based investment manager Axight has agreed to acquire a minority stake in La Trobe Financial from Brookfield’s private equity business, in a deal that values the Australian asset manager at $2.1 billion.
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