Reverence Capital Partners has acquired Russell Investments for an undisclosed amount. Russell Investments, a leading global investment solutions partner, manages $401 billion in assets as of May 12, 2026. The firm provides a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors across 30 countries. Headquartered in Seattle, Washington, with offices in 17 cities worldwide, Russell Investments has built a legacy of continuous innovation since its founding in 1936, consistently working to improve clients' financial security.
This transaction sees Reverence Capital Partners, an investment firm specializing in financial services, take full ownership of Russell Investments. Reverence Capital Partners previously held a significant minority stake in the firm, with the majority stake managed by funds from TA Associates Management, L.P. The acquisition consolidates ownership under Reverence Capital Partners, allowing for a unified strategic direction and deeper integration of Russell Investments into its portfolio. This move underscores Reverence Capital Partners' commitment to the investment management sector and its belief in Russell Investments' global platform and capabilities.
The full acquisition is expected to foster enhanced synergies, combining Reverence Capital Partners' strategic oversight and financial services expertise with Russell Investments' established global presence and comprehensive investment solutions. This integration aims to strengthen Russell Investments' market position, drive operational efficiencies, and expand its offerings to clients worldwide. Leveraging Russell Investments' long-standing client relationships and innovative approach, the combined entity is poised to continue delivering exceptional value and improving financial outcomes for investors globally, building on a foundation of trust and expertise.