January 31, 2013

Man Group and OFI Group Announce Strategic Partnership

On January 24, 2013, Man Group plc (LSE: EMG) and OFI Group announced a strategic partnership to provide alternative multi-manager capabilities in the French market.  Man Investments Holdings Limited will invest €1.6 million to acquire a 20% stake in OFI MGA, OFI Group’s alternative investment subsidiary, with the option to become a majority shareholder after three years.

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January 31, 2013

Equinox Financial Group Acquires Tapestry Asset Management

On January 24, 2013, Equinox Financial Group announced that it had acquired Tapestry Asset Management, an investment advisor specializing in management of multi-manager hedge fund portfolios and managed futures strategies.

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January 31, 2013

The Cambridge Commentary: A Review of Developments in the Investment Management Industry During 2012

In January 2013 Cambridge International Partners Inc. published its Review of Developments in the Investment Management Industry During 2012.  The commentary reports on M&A transactions and trends relating to the investment management industry. To read this publication, please click here.

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January 30, 2013

Fiera Capital to Acquire Flagship Funds From GMP Capital

On January 30, 2013, Fiera Capital (TSX: FSZ) announced that it had reached an agreement with GMP Capital to acquire GMP Diversified Alpha Fund and the Canadian ABCP Fund for $10.75 million cash consideration and 25% of performance fees based on the acquired assets, paid for a period of three years.  Key GMP management team members will join and receive a minority interest in a newly created Fiera Capital subsidiary.

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January 30, 2013

Exencial Wealth Advisors Acquires Investors Asset Management

On January 28, 2013, Exencial Wealth Advisors announced that it had acquired Investors Asset Management Inc. for an undisclosed sum.

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January 24, 2013

AlpInvest, Honeywell Invest in Towry Group

On December 19, 2012, Palamon Capital Partners announced that its portfolio company, Towry Group Limited, received a £35 million investment from Palamon co-investors AlpInvest Partners and Honeywell Capital Management.

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January 24, 2013

Nephila Capital and KKR Announce Strategic Partnership

On January 23, 2013, KKR & Co. (NYSE: KKR) and Bermuda-based investment manager Nephila Capital announced KKR’s acquisition of a 24.9% interest in Seward & Kissel client Nephila from management and UK-based minority stakeholder Man Group.

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January 23, 2013

Grosvenor to Seed Continuum Investment Management

On January 22, 2013, structured fixed income asset management firm Continuum Investment Management announced a strategic partnership with Grosvenor Capital Management under which Continuum will receive an $85 million seed investment.

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January 23, 2013

U.S. Global to Make Strategic Investment in Galileo

On January 18, 2013, U.S. Global Investors (NASDAQ: GROW) announced that it had agreed to purchase 50% of the equity in Toronto, Canada-based Galileo Equity Advisors.

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January 23, 2013

Freeman Reports on 2012 Financial Services M&A Activity

On January 2, 2013, Freeman & Co. LLC issued its report on mergers and acquisitions activity and forecasts in the financial services industry for 2012 and 2013. To read the press release or for information on how to obtain the report, please click here.

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