Consolidation firmly takes hold as scale takes centre stage
Asset and wealth managers have entered 2021 after a stressful year dealing with COVID-19’s many shocks and aftereffects. As executives responded to significant market disruptions, an underlying industry theme around building assets under management (AUM) scale through partnerships and M&A activity took a firm hold.
Firms looked to grow AUM quickly by sealing new partnerships and exploring M&A options. We observed a flurry of transactions and restructurings in the sector, with several large transactions announced. Asset and wealth managers accelerated their focus towards defining and moving towards a new target operating model, one where scale ambitions plays a central role.
A&M’s Financial Services team’s latest report analysis how asset and wealth managers have accelerated a drive towards scale, making the year 2020 the beginning of a significant consolidation cycle.
Interoperability as the new competitive differentiator
February 16, 2026
In the second article in our three-part series, we reveal how and why institutions must evolve from traditional environments built to record transactions toward modern, composable ecosystems engineered for intelligence, connectivity, and velocity.
Alvarez & Marsal advises NIBC on an LP-led secondary transaction
January 23, 2026
A&M advised NIBC on a successful LP-led secondary transaction involving the sale of a portfolio of private equity fund interests to De Wereld van Vermaat, through its fund investment arm, M Eight.
CASE STUDY: DEUTSCHE PFANDBRIEFBANK AG —INAUGURAL SRT
January 15, 2026
A&M's PAG team acted as lead financial advisor to Deutsche Pfandbriefbank AG (pbb) on its first synthetic Significant Risk Transfer (SRT) securitisation, referencing a $2 billion loan portfolio secured by Commercial Real Estate (CRE) properties in the US.
Rewiring Finance for 2026: Intelligence, Connectivity, and Velocity
January 13, 2026
The financial industry is undergoing a profound transformation, driven by the need to evolve from static systems of record to dynamic systems of intelligence, interoperability, and real-time settlement. Read our first article in our three part series.
