Huatai Securities $780 million acquisition of AssetMark Financial Holdings

Overview:

• Huatai Securities  has acquired AssetMark Financial Holdings from Aquiline Capital Partners, Genstar Capital and key management members for approximately $780 million.
• Huatai Securities, founded in 1991, is a security group that provides financial services in China. 
• Founded in 1996 and headquartered in Concord, California, AssetMark is a full-service investment consulting business tailored to financial advisers and investors.

Hanna Rae Choi - Researcher