A Daily Network publication
Explore the network
The Daily NetworkAbout the network →
Private Wealth DailyYou’re reading this editionDigital Capital DailyDigital assetsESG Capital DailySustainable capitalETF DailyETFsETF Pro AIThe fund terminalFamily Office DailyFamily offices & private capitalInsurance Capital DailyInsurance capitalInterval Fund DailySemi-liquid fundsPrivate Credit DailyPrivate creditPrivate Infrastructure DailyInfrastructurePrivate Real Estate DailyReal estateRetirement Capital DailyRetirement assetsSecondaries DailySecondariesWealth Advisor Daily
Private Wealth Daily
Independent Intelligence on the Private Wealth Industry
Wednesday, October 21, 2026The Morning Brief →Sign in
the-openFeatures

Centerbridge and Mubadala in talks to buy Canaccord UK wealth unit

Bloomberg reports a potential price of about £1 billion; PWD's records list the discussions as a deal talk dated October 21, 2026.

By The Features DeskWednesday, October 21 at 7:22 AM ET

At a glance

15-second brief

  • Centerbridge Partners and Mubadala Investment Company are in talks to acquire Canaccord Genuity's UK wealth management business for about £1 billion, according to Bloomberg.

  • PWD's records list the discussions as a deal talk dated October 21, 2026.

Centerbridge Partners and Mubadala Investment Company are in talks to acquire Canaccord Genuity's UK wealth management business for about £1 billion, according to Bloomberg. The report describes the discussions as a negotiation, not a signed or completed agreement.

PWD's records list the discussions as a deal talk dated October 21, 2026. Terms could still change, another bidder could emerge, or the talks could end without a transaction.

Continue your research

Save this analysis and keep the funds you follow together in My Desk.

Sign in to save articles or follow funds.
Sources & further reading
Bloomberg · PWD tracking
In this storyCanaccord GenuityCenterbridgeCenterbridge PartnersCanaccord Genuity UK wealth management businessMubadala Investment Company
More from PWD
Features

Goldman Sachs and Phoenix Financial announce $4 billion client-asset transaction

The deal is nearly ten times the $412 million in combined RIA acquisitions Apella and Waverly disclosed overnight.
Features

SEI recruits Kristie Edling-Day from LPL; Hightower and Carson add executives

Hightower added Robert Picard from First Republic and Marc Cabezas from Edelman; Carson added Matt Humphrey from United Bank / United Brokerage Services.
The Close

Mercer completes Aspen direct indexing rollout across more than 43,000 accounts

The platform is Mercer's own and runs on technology built with Orion, designed to run at Schwab, Fidelity and Raymond James; no fee levels were disclosed.
Elsewhere in the networkAll titles →
Insurance Capital Daily

Strategics are taking insurance control, and sponsors are the sellers

Insurance Capital Daily

Samsung insurers move on Canopius control

Private Credit Daily

Blackstone’s October hybrid CLO will test the cost of private credit’s opacity

Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.

Centerbridge and Mubadala in talks to buy Canaccord UK wealth unit — Private Wealth Daily