MILWAUKEE – Northwestern Mutual has completed a $2.7 billion
sale of its subsidiary Frank Russell Company, also known as
from the sale will further boost the 2014 financial results
of the Milwaukee-based mutual company.
Northwestern Mutual manages more than $184 billion in
invested assets as part of its general account investment
portfolio, which backs its insurance and annuity products.
Goldman, Sachs & Co. and J.P. Morgan Securities LLC acted as
financial advisors to Northwestern Mutual on this