US investment manager Nuveen is considering selling a minority stake in its private-capital arm, Nuveen Private Capital, ...

However, Nuveen was not willing to go below its £322m price tag. The failed sale, first reported by Green Street News, reflects the woes of London’s office property market since the pandemic.

Nuveen Private Capital was formed in March 2023 after Nuveen’s acquisition of a controlling stake in London-based Arcmont. The unit operates private credit and private equity strategies ...