NewsPrivate Equity23/09/2026
TRPIM-advised accounts finance Teamshares preferred equity issuance
T. Rowe Price Investment Management →Teamshares announced a closed Series A preferred equity financing from accounts advised by TRPIM. It issued $225 million of perpetual, non-voting and non-convertible preferred stock, with funded proceeds net of a 1% original issue discount, to support acquisitions.