The partnership is intended to collaborate on investment solutions and other areas of shared expertise to further serve the needs of their clients and investors.
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RIT has acquired 37% equity interest previously held by Société Générale Private Banking to become a minority investor in Rockefeller Financial Services, alongside the Rockefeller family, related entities and the management team.
Though the deal is expected to close by the end of September 2012, the transaction is subject to regulatory approval.
However, the firms have not disclosed the financial terms.
Currently Rockefeller has around US$34 billion in assets under management.
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