Russell Investments, a global investment solutions firm, announced on July 12, 2026, that it has entered into a definitive agreement to be acquired by TA Associates and Reverence Capital Partners. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals.
Under the terms of the deal, the current management team, led by CEO Zach Buchwald, will continue to lead the firm. The acquisition aims to support Russell Investments' growth strategy and enhance its capabilities in providing investment solutions to institutional and individual investors.
Financial terms of the transaction were not disclosed. The acquisition marks a new chapter for the firm, which manages over $300 billion in assets as of mid-2026.