Skip to main content

BrightSphere Investment Group Inc. Completes Sale of Affiliate Campbell Global

BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has completed the sale of its 75% ownership interest in Campbell Global, LLC (“Campbell”), a leading sustainable forestry investment and management company, to J.P. Morgan Asset Management (“J.P. Morgan”), a division of JPMorgan Chase & Co. (NYSE: JPM). As part of the transaction, JP Morgan has also acquired the co-investments in Campbell funds previously held by BrightSphere.

With the completion of the sale of Campbell, BrightSphere’s sole business is now Acadian Asset Management, with AuM of $118 billion as of June 30, 2021, which has been generating outperformance across multiple time periods through its quantitative strategies and solutions. As of June 30, 2021, 87%, 82%, 85% and 88% of Acadian’s strategies by revenue beat their benchmarks over the prior 1-, 3-, 5-, and 10- year periods.

About BrightSphere

BrightSphere is a global asset management company with one operating subsidiary, Acadian Asset Management, with approximately $118 billion of assets under management as of June 30, 2021.1 BrightSphere offers institutional investors across the globe access to a wide array of leading quantitative and solutions-based strategies designed to meet a range of risk and return objectives. For more information, please visit BrightSphere’s website at www.bsig.com. Information that may be important to investors will be routinely posted on our website.

______________________________

1 Pro forma for the divestitures of Campbell Global, LLC, Thompson, Siegal & Walmsley, LLC, and Investment Counselors of Maryland, LLC, completed in the fiscal third quarter of 2021.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  221.27
-1.29 (-0.58%)
AAPL  271.84
-2.77 (-1.01%)
AMD  198.11
-11.06 (-5.29%)
BAC  54.55
-0.26 (-0.47%)
GOOG  298.06
-9.67 (-3.14%)
META  649.50
-7.65 (-1.16%)
MSFT  476.12
-0.27 (-0.06%)
NVDA  170.94
-6.78 (-3.81%)
ORCL  178.46
-10.19 (-5.40%)
TSLA  467.26
-22.62 (-4.62%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.