Legal & General appoints Eric Adler as Asset Management CEO, aiming to boost profits and expand private market platform.

Legal & General Group, a UK financial services firm, has appointed Eric Adler as CEO of Asset Management, overseeing £1.1 trillion in assets. He aims to boost operating profits to £500-600 million by 2028 and expand the private markets platform from £52 billion to £85 billion. Adler, previously with PGIM, replaces Michelle Scrimgeour as the company seeks to unify its public and private market operations.

September 24, 2024
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