Aegon USA Spins Off Equity Unit, Company Will Install Billing Program
MANAGEMENT & INFRASTRUCTURE
CEDAR RAPIDS, Iowa--Aegon USA Investment Management will spin off its equity portfolios as of July 1 as part of its strategy to focus on its core business of fixed income asset management. The equity spin off will create a new company called VMF Capital, which will employ 22 people and, like Aegon, be headquartered in Cedar Rapids.
VMF Capital will open its doors with about $700 million in assets under management derived primarily from both pension funds and high net worth individuals. Like
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Waters Wavelength
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
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