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NEW YORK (CNNMoney) -- Two of the most storied families in the business world -- the Rothschilds and the Rockefellers -- are coming together in an investment partnership.
The Rothschilds' London-listed RIT Capital Partners said Wednesday that it will acquire a 37% stake in Rockefeller's wealth advisory and asset management group from Société Générale Private Banking for an undisclosed sum.
The deal gives the Rothschild trust, whose net assets total £1.9 billion, a toehold in the United States.
The Rothschilds' London-listed RIT Capital Partners said Wednesday that it will acquire a 37% stake in Rockefeller's wealth advisory and asset management group