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The latest announcement is out from La Trobe Private Credit Fund ( (AU:LF1) ).
La Trobe Financial Group has announced that Axight, an Abu Dhabi-based private equity investment manager focused on the Asia Pacific region, has agreed to acquire a minority stake in the group from an entity associated with its major shareholder, Brookfield Asset Management. Brookfield will retain majority ownership and its long-term partnership role, with no changes to the directors or senior management of the Responsible Entity and…
