State Street and Apollo join forces to broaden investor access to private markets

“Private assets are one of the fastest growing sectors of the financial industry. We are excited to be working with Apollo, a global leader in alternative assets, to continue to increase accessibility to private markets, opening them to an even larger cross section of investors,” said Ron O’Hanley, president and chief executive officer of State Street.

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State Street to acquire Brown Brothers Harriman Investor Services

The acquisition will advance State Street’s strategy as an enterprise outsource solutions provider, strengthening competitive positioning, expanding geographic coverage and enhancing client experience.

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State Street buys GE Asset Management to push into alternatives

The USD 485 million deal “will bring new alternatives capabilities in direct private equity and real estate,” said Ron O’Hanley, who heads State Street’s asset management unit.

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