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PNC Financial Services' PNC Bank to Buy Aqueduct Capital
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PNC Financial Services' PNC Bank to Buy Aqueduct Capital
May 26, 2025 11:14 AM

04:49 PM EDT, 05/20/2025 (MT Newswires) -- PNC Financial Services' ( PNC ) PNC Bank said late Tuesday it has agreed to buy Aqueduct Capital Group, a placement agent that raises capital for private equity, private credit and real asset managers.

Financial terms weren't disclosed.

The acquisition is expected to close in mid-summer, PNC said.

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