GTCR buys into company that's helping banks: The Chicago private-equity firm has taken a 50% stake in New York-based R&T Deposit Solutions.

Autor:	Daniels, Steve
Předmět:	PRIVATE equity DEPOSIT insurance BUSINESS enterprises INVESTMENT products BANK deposits BANK accounts BANKING industry
Zdroj:	Crain's Chicago Business; 9/18/2023, Vol. 46 Issue 37, p7-7, 1p
Abstrakt:	Chicago private-equity firm GTCR has made a timely investment in a firm that works with banks to provide fully insured deposits to large firms whose cash in banks well exceeds the regulatory limit for deposit insurance. For GTCR, this investment continues an active year marked in particular by the largest single investment in its history, a majority stake in payments processing giant Worldpay, which valued that company at $18.5 billion. [Extracted from the article]
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