Hillhouse Investment is reportedly set to acquire PCS, a financial risk management firm under Marsh.

It is reported that Hillhouse's bid outperformed other private equity firms in the bidding process and is most likely to become the potential buyer of Public Client Services (PCS).

Zhitong Finance19:58

Hillhouse Investment is reportedly set to acquire PCS, a financial risk management firm under Marsh.

Sources indicate that Hillhouse Investment is nearing an agreement to acquire the financial risk management and life insurance brokerage business, primarily serving high-net-worth individuals in Asia, from Marsh (MRSH.US). According to informed sources, the relevant parties are finalizing the agreement, with an announcement potentially coming as early as Friday (the 8th). Reportedly, Hillhouse's bid surpassed those of other private equity firms, making it the most likely potential buyer of Public Client Services (PCS), a subsidiary of Marsh’s Mercer division. The PCS website shows

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