Nuveen buys into Peru payment network

Nuveen buys into Peru payment network

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US asset manager Nuveen and Danish financial inclusion investor Maj Invest jointly acquired stakes in a Globokas, which operates an independent correspondent bank network in Peru. Nuveen, which is owned by retirement fund company TIIA, said its private equity platform, Nuveen Global Impact Strategy, closed the investment in Globokas for an undisclosed sum, according to a press release. Nuveen and Maj will each get two seats on Globokas' board, it added. The pair will use their "expertise as glob

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