Rivals are expressing interest in NN Investment Partners.
In a significant move for the global investment industry, several major asset managers and financial conglomerates have shown interest in acquiring NN Investment Partners (NNIP), the fund company of Dutch insurer NN Group.
On April 26, NN Group announced exploration of options for its investment subsidiary, including mergers or partial sales. Since then, DWS, Italian Generali, UBS, Allianz, and some U.S. companies have submitted initial bids for NNIP. The potential purchase price of €1.5 billion for NNIP is a significant figure in the ongoing acquisition discussions.
NN Investment Partners currently manages around €300 billion, making it an attractive target for acquisition by various financial institutions. The news about the potential acquisition of NNIP was reported by Bloomberg and Handelsblatt.
While the exact list of companies that submitted initial bids by April 202x is not explicitly detailed, the Goldman Sachs Group, Inc. is confirmed as a key player in the acquisition process as of mid-2025. Swiss banking giant UBS and insurance conglomerate Allianz are also reportedly interested in acquiring NNIP.
When asked for comment, an NN Group spokesperson referred to the April press release and declined further comment. The potential acquisition of NN Investment Partners by various companies has been a topic of discussion in the news.
As the acquisition process continues, it will be interesting to see which financial institution ultimately secures NN Investment Partners and how this move shapes the global investment landscape. For a more precise historical list of initial bidders around April 202x, specialized financial news archives or direct corporate announcements from that period would be necessary.
Other financial institutions are exploring the possibility of acquiring NN Investment Partners for its management of approximately €300 billion in assets. The Goldman Sachs Group, Inc., Swiss banking giant UBS, and insurance conglomerate Allianz are among those reportedly interested in other finance opportunities with NNIP.