Call it a reunion, of sorts. Stone Point Capital and Further Global Capital Management’s agreement to acquire Duff & Phelps LLC for $4.2 billion promises to reconnect the valuation and advisory firm with two former backers. Duff & Phelps, which has a long history of private-equity ownership, was backed by Stone Point and Carlyle Group...

Source: Wall Street Journal January 23, 2020 00:00 UTC