Mirae Asset Global Investment Group and a handful of minority owners have sold their stake in Australian ETF provider BetaShares to US private equity firm TA Associates, for an undisclosed amount.
BetaShares boss Alex Vynokur could not disclose how much of a stake management sold. Dominic Lorrimer
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
