M&G Investments hired Aon as a subadviser to manage $300 million in its Aon Advantage Funds, the U.K. firm said Wednesday.
The investment was made by M&G's catalyst strategy, which invests in innovative, private global businesses working to promote sustainability. Aon will provide funding to intellectual property-backed businesses primarily in North America.
"With Aon's IP solutions, which help us understand the value of a business' intellectual property, and Aon's insurance brokerage service, we can offer financing solutions as innovative and unique as the technology companies benefiting from this capital," Thierry Masson, M&G head of catalyst – Americas, said in a news release.
