Trian Fund Management LP and General Catalyst Group Management have agreed to acquire Janus Henderson Group in an all-cash transaction valued at approximately $7.4 billion.
The investor group also includes Qatar Investment Authority, Sun Hung Kai & Co. Limited and MassMutual. Janus Henderson (NYSE: JHG) is a global asset manager with dual headquarters in London, England, and Denver, Colo. The firm offers actively managed investment products across equities, fixed income, multi-asset, and alternatives, serving institutional, intermediary and individual investors. Formed in 2017 through the merger of Janus Capital Group and Henderson Group, the company has maintained a strong international presence and manages hundreds of billions in client assets.
The buyer consortium’s legal advisors include Debevoise & Plimpton LLP and Kirkland & Ellis LLP, with debt financing commitments from JPMorgan Chase, Citi, Bank of America, Jefferies, and MUFG Bank. Jefferies and Citi served as financial advisors to the investor group. On the sell side, the Special Committee was advised by Goldman Sachs and legal counsel Wachtell, Lipton, Rosen & Katz, with Skadden, Arps, Slate, Meagher & Flom LLP advising Janus Henderson.