AllianceBernstein Acquires SunAmerica Alternatives Group

November 8, 2010

AllianceBernstein announced on October 1, 2010 that it acquired SunAmerica’s alternative investment group.


On October 1, 2010, AllianceBernstein L.P. (which is majority-owned by AXA and minority owned by AllianceBernstein Holding L.P., NYSE:AB) announced that it had acquired the alternative investments group of SunAmerica.  The SunAmerica Alternative Investments team, led by Marc Gamsin, manages a portfolio of hedge fund and private equity fund investments.

To read the press release, please click here.


Categories

Hedge Fund M&A, Investment Manager M&A, Private Equity M&A, Transactions