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Janus Henderson (NYSE:JHG) approached credit firm Kennedy Lewis Investment Management about a potential deal as the firm looks to expand beyond stocks and bonds.
The asset manager explored purchasing Kennedy Lewis late last year, though the approach didn’t lead to a deal, according to a Bloomberg report on Wednesday, which cited people familiar with the matter.
“We will do the right deal at the right price,” Janus Henderson Chief Financial Officer Roger Thompson said at the UBS Financial Services Conference, without mentioning the Kennedy Lewis transaction, according to a Bloomberg account of the conference. “We are not going to do the wrong deal or at the wrong price.”
Spokespeople for Janus Henderson (JHG) and Kennedy Lewis declined to comment to Bloomberg.

