• Royal Bank of Canada will acquire 100% of Yarra Capital Management, bringing the Australian investment manager into RBC Global Asset Management.
• Current shareholders TA Associates and Amova Asset Management will exit their investments.
• The acquisition will add approximately A$18 billion in assets under management, expanding RBC Global Asset Management's Australian presence.
• Closing is expected by the end of 2026, subject to regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TA Associates Management LP published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.