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Mark Attanasio nears deal to sell his investment business: Bloomberg

Aug 18, 2020 - Milwaukee Business Journal

Bloomberg reported Tuesday that Milwaukee Brewers owner Mark Attanasio's investment business Crescent Capital Group is "in advanced talks" to be sold to Sun Life Financial of Canada.

A transaction involving Attanasio's Los Angeles-based business, which has assets of $28 billion, could be announced this month, according to Bloomberg, which said its source was "people with knowledge of the matter."

Crescent invests in bank loans, high-yield bonds and other debt securities.