Malakoff Humanis enters into exclusive negotiations with GBL for the acquisition of Sienna Gestion and Sienna Private Credit
As part of its strategic plan and its continued development in the savings market, Malakoff Humanis has entered into exclusive negotiations with GBL for the acquisition of Sienna Gestion (listed assets activity) and Sienna Private Credit.
These listed asset management and private debt activities have seen their assets under management increase by more than 20% per year over the past three years, reaching nearly 33 billion euros.
Following this transaction, which is subject to consultation with employee representative bodies and approval by the relevant authorities, Malakoff Humanis would establish an asset management business incorporating private debt management expertise.
Malakoff Humanis also reaffirms its strategy of continuing to rely on other partners for these activities
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