Financial Times FT.com

Gartmore on brink of £500m IPO

By Kate Burgess and Martin Arnold

Published: October 22 2009 22:53 | Last updated: October 22 2009 22:53

Gartmore, the fund management group equally owned by management and private equity group Hellman & Friedman, aims to register flotation plans with the UK’s Financial Services Authority as early as next week.

The group has appointed Morgan Stanley and Citigroup to advise it on completing an initial public offer by the end of the year.

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