Already a Bloomberg.com user?
Sign in with the same account.
Legg Mason Inc
Legg Mason Inc. (LM) is looking to make acquisitions of international, equity and alternative businesses, said Chief Financial Officer Peter Nachtwey.
The Baltimore-based money manager has $700 million to deploy for potential investments and will look to do “lift-outs and bolt-ons” rather than transformational deals, Nachtwey said today at the KBW Asset Management Conference in New York.
To contact the reporter on this story: Alexis Leondis in New York at email@example.com
To contact the editor responsible for this story: Christian Baumgaertel at firstname.lastname@example.org