Perpetual Limited acquiring 75% stake in Dallas based Barrow Hanley for $319 million
PERTH: Perpetual Limited has entered into an agreement with BrightSphere Investment Group Inc. (BSIG) to acquire BSIG’s 75% interest in Barrow Hanley for US$319 million, a news release said. Based in Dallas, Barrow Hanley is a diversified investment manager with funds under management (FUM) of approximately US$44.1 billion across 21 key strategies. Barrow Hanley has…