Carlyle Group, a US-based private equity firm that manages around $447 billion in assets, is reportedly exploring the potential sale of London-headquartered global funds and settlement network Calastone, according to a report by Reuters, which cites four unnamed sources familiar with the matter.Carlyle Group acquired Calastone in 2020Reuters reports that Carlyle has engaged Barclays to explore the possible sale of the business, with its sources adding that a potential deal is not certain and may not materialise.Carlyle Group acquired Calastone in 2020 by purchasing a majority stake from previous shareholders Octopus Group and Accel for an undisclosed amount.Founded in 2007, Calastone claims to be the world’s largest global funds network, serving more than 4,000 clients across 56 countries and processing upwards of £250 billion of investment value monthly.The firm, which offers a range of ETF servicing, mutual fund, and digital investments solutions, named Nick Parsons as its new chief technology officer last year.
Lun. Gen 20th, 2025
