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It also provides a way for retirement plan sponsors to avoid a partial plan termination.
With the acquisition of Cammack’s $154 billion book of business, CAPTRUST now reports assets in excess of $600 billion; one leader at the firm says the growth is nowhere near finished.
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
The sizable transaction exhibits the continued interest of private equity firms in the advisory and asset management space, while marking 2021 as a year of rapid M&A action that will almost certainly set a new record.