Westpac Banking Sells Ascalon Capital Managers

Posted on 09/30/2018


Westpac Banking Corporation, through its unit Westpac Financial Services Group Limited, agreed to sell Sydney-based Ascalon Capital Managers Limited to Generation Development Group Limited, an Australian financial services company. Ascalon Capital Managers acquires stakes in hedge funds and absolute return-focused long-only money management firms. Ascalon Capital Managers targets these stakes in Australia and the larger […]