{"id":765931,"date":"2023-06-26T08:05:24","date_gmt":"2023-06-26T12:05:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-stagwell-group-manager-of-stagwell-media-lp-redeems-alpinvest-partners-remaining-interests\/"},"modified":"2023-06-26T08:05:24","modified_gmt":"2023-06-26T12:05:24","slug":"the-stagwell-group-manager-of-stagwell-media-lp-redeems-alpinvest-partners-remaining-interests","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-stagwell-group-manager-of-stagwell-media-lp-redeems-alpinvest-partners-remaining-interests\/","title":{"rendered":"The Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests"},"content":{"rendered":"

<\/p>\n

The Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests<\/b><\/p>\n

WASHINGTON–(BUSINESS WIRE<\/a>)–
\nToday, the Stagwell Group, manager of Stagwell Media LP, announced it has redeemed AlpInvest Partners\u2019 remaining interest in the Stagwell Media LP fund.<\/p>\n

\n\u201cWe thank AlpInvest for their successful partnership over the last several years. This move leaves only two investors in Stagwell Media LP: myself and Steve Ballmer,\u201d said Mark Penn, Managing Partner at Stagwell Group, LLC. \u201cWe are both excited about and committed to the success of Stagwell Inc.\u201d<\/p>\n

About Stagwell Group<\/b><\/p>\n

\nThe Stagwell Group LLC (the \u201cStagwell Group\u201d) is a registered investment advisory company formed by Mark Penn. The Stagwell Group manages a private equity fund whose portfolio includes Stagwell Inc., the challenger network built to transform marketing (NASDAQ: STGW).<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230626721393\/en\/<\/a><\/span><\/p>\n

Stagwell Group
\n<\/b>
pr@stagwellgroup.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America District of Columbia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests WASHINGTON–(BUSINESS WIRE)– Today, the Stagwell Group, manager of Stagwell Media LP, announced it has redeemed AlpInvest Partners\u2019 remaining interest in the Stagwell Media LP fund. \u201cWe thank AlpInvest for their successful partnership over the last several years. This move leaves only two investors in Stagwell Media LP: myself and Steve Ballmer,\u201d said Mark Penn, Managing Partner at Stagwell Group, LLC. \u201cWe are both excited about and committed to the success of Stagwell Inc.\u201d About Stagwell Group The Stagwell Group LLC (the \u201cStagwell Group\u201d) is a registered investment advisory company formed by Mark Penn. The Stagwell Group manages a private equity fund whose portfolio includes Stagwell Inc., the … <\/p>\n

Continue reading “The Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765931","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-stagwell-group-manager-of-stagwell-media-lp-redeems-alpinvest-partners-remaining-interests\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Stagwell Group, Manager of Stagwell Media LP, Redeems AlpInvest Partners\u2019 Remaining Interests WASHINGTON–(BUSINESS WIRE)– Today, the Stagwell Group, manager of Stagwell Media LP, announced it has redeemed AlpInvest Partners\u2019 remaining interest in the Stagwell Media LP fund. \u201cWe thank AlpInvest for their successful partnership over the last several years. This move leaves only two investors in Stagwell Media LP: myself and Steve Ballmer,\u201d said Mark Penn, Managing Partner at Stagwell Group, LLC. \u201cWe are both excited about and committed to the success of Stagwell Inc.\u201d About Stagwell Group The Stagwell Group LLC (the \u201cStagwell Group\u201d) is a registered investment advisory company formed by Mark Penn. 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