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Business & Finance

Vanguard Inks $4 Billion of Private Debt to Fund Altruist Deal

Bloomberg Markets Tuesday 10 November 2026, 13:42 UTC By Emily Graffeo and Loukia Gyftopoulou 1 min read
Key Points

EXCLUSIVE Vanguard Inks $4 Billion of Private Debt to Fund Altruist Deal Vanguard Group has raised about $4 billion of private debt to finance its acquisition of digital wealth platform Altruist. The firm, the second largest asset manager globally, borrowed in the private placement bond market, according to people familiar with the matter, who asked not to be identified as the details are confidential. Companies tap that market to source funds directly from institutional investors like life...

EXCLUSIVE Vanguard Inks $4 Billion of Private Debt to Fund Altruist Deal Vanguard Group has raised about $4 billion of private debt to finance its acquisition of digital wealth platform Altruist. The firm, the second largest asset manager globally, borrowed in the private placement bond market, according to people familiar with the matter, who asked not to be identified as the details are confidential. Companies tap that market to source funds directly from institutional investors like life insurers.
Originally published by Bloomberg Markets Read original →

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