Nuveen to buy Incapital's Unit Investment Trust platform: UPDATED
Nuveen Investments said Tuesday that it has agreed to buy Incapital’s Unit Investment Trust platform. Financial terms weren’t announced. TIAA-CREF acquired Nuveen from Madison Dearborn Partners in 2014 for $6.5 billion. UPDATE: Wells Fargo Securities LLC advised Nuveen while Grail Partners advised Incapital.





