Is Russell Investments Rudderless?
Posted on 08/05/2022
Private equity firms TA Associates and Reverence Capital Partners control Seattle-based Russell Investments. The London Stock Exchange Group (LSEG) had stripped the lucrative index business from Russell, leaving it an asset management business. LSEG had acquired Russell Investments with its index business for US$ 2.7 billion in 2014. TA Associates had initially coughed up US$…
