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Mark Penn’s Stagwell Group, a portfolio of self-described digital-centric marketing and research companies, announced today the completion of a $260 million capital raise from investment funds managed by global private equity firm AlpInvest Partners.
“The marketing landscape is in the midst of a dramatic transformation, and we are excited to have AlpInvest support our mission in creating a network of strategists and tacticians that is nimble and digital-centric, building a go-to resource for brands looking to succeed in today’s complex marketplace,” Penn, Stagwell Group managing partner, said in a statement.
Stagwell
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