Wells Fargo sells private equity fund investments
Other - OCTOBER 2, 2023

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Wells Fargo sells private equity fund investments

by Released

Wells Fargo & Company has sold to a group of leading investors approximately $2 billion of private equity investments in certain Norwest Equity Partners (NEP) and Norwest Mezzanine Partners (NMP) funds.

Wells Fargo was previously the sole institutional limited partner in these funds. The buyer group for Wells Fargo’s positions included AlpInvest Partners, a subsidiary of Carlyle; Atalaya Capital Management; Lexington Partners; and Pantheon.

Separately, Wells Fargo will continue its relationship and investments with Norwest Venture Partners, a venture capital and growth equity investment firm.

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