Category: M&A

Investment giant Nuveen has acquired renewable energy fund manager Glennmont Partners for an undisclosed sum. The transaction, expected to close during the first quarter of 2021, will see Glennmont integrated into Nuveen’s Real Assets platform. Nuveen runs more than $1trn in assets, while Glennmont runs some $2bn in clean energy mandates. 

Renewables investor company Aker Horizon will take a 75% equity stake in wind and solar company Mainstream Renewable Power; in a deal that values the latter at €1bn (including a potential earn-out of up to €100m in 2023). Mainstream is expected to be floated within the next three years. It will continue to be led by Mary Quaney and supported by its leadership team. 

The London School of Economics has established a new research institute to help firms create a more inclusive culture through insights from behavioural science. Already The Inclusion Initiative has several projects that are open to partnersh…