[2] Permal is headquartered in London, with offices in New York, Boston, Singapore, Paris, Nassau, Dubai, Hong Kong, and Beijing.

In 2005, Permal was acquired by Legg Mason in an $800 million transaction and operates as a subsidiary of that company.

[4] In 2016, the Permal Group subsidiary merged with EnTrust Capital to increase assets.

In 2016, Legg Mason merged its Permal Group subsidiary with EnTrust Capital to increase assets managed by its hedge funds-of-funds business to $26 billion.

This article about a financial services company in the United Kingdom is a stub.