Deal Snapshot
REDBIRD CAPITAL PARTNERS, REVERENCE CAPITAL PARTNERS TO ACQUIRE VIDA CAPITAL
Wednesday 17 July 2019

US-based investment firms RedBird Capital Partners and Reverence Capital Partners have entered into a definitive agreement to acquire alternative asset management platform Vida Capital, Inc., the firms said. Vida Capital specialises in non-correlated investment strategies.
Vida's president and CEO, Jeff Serra, along with members of the management team, will invest alongside RedBird and Reverence in the transaction. The proposed transaction, which is expected to close by 4Q19, is subject to regulatory approvals and other customary closing conditions.


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Details
Date Published: 17/07/2019
Target: Vida Capital, Inc
Country: USA
Sector: Banking/Financial Services
Type: JV
Status: Agreed
Vendor:
Buyer: RedBird Capital Partners and Reverence Capital Partners
Buyer Advisor: Fried, Frank, Harris, Shriver and Jacobson
Comment:
Terms of the deal were not disclosed

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