August 17, 2011

Citi Capital Advisors Acquires DiMaio Ahmad CLO Business

On August 16, 2011, Citi Capital Advisors announced that it had acquired the management responsibilities of four collateralized loan obligations from DiMaio Ahmad Capital.

Continue reading...

August 12, 2011

Carlyle Acquires Foothill CLO

On August 10, 2011, global alternative asset manager The Carlyle Group announced that it had on August 3, 2011 acquired the management contract for $500 million Foothill CLO I Ltd. from The Foothill Group.

Continue reading...

July 28, 2011

Athena Capital Acquires Stonehorse Capital Management

On July 22, 2011, Lincoln, Massachusetts-based Athena Capital Advisors announced its acquisition of Stonehorse Capital Management, a fund of funds manager focusing on emerging hedge funds.

Continue reading...

July 13, 2011

Apollo Acquires Gulf Stream Asset Management

On July 8, 2011, Apollo Global Management (NYSE: APO) announced the acquisition of Gulf Stream Asset Management, which will expand its senior loan business.

Continue reading...

June 16, 2011

Singer Partners to Join William Blair

On June 6, 2011, William Blair & Company, L.L.C. announced that global asset management firm Singer Partners will join William Blair Investment Management.

Continue reading...

June 15, 2011

Carlyle to Purchase 55% Stake in Emerging Sovereign Group

On June 14, 2011, The Carlyle Group announced a strategic partnership with S&K client Emerging Sovereign Group, with Julian Robertson of Tiger Management agreeing to maintain an investment and ownership stake in the emerging markets manager.

Continue reading...

June 2, 2011

Arden to Manage Robeco-Sage Fund of Hedge Funds

On June 2, 2011, S&K client Arden Asset Management and Robeco Group announced an agreement to transfer to Arden the $1.3 billion Robeco-Sage fund of hedge funds business.

Continue reading...

June 1, 2011

RothsteinKass Fifth Annual Hedge Fund Survey

In April 2011, RothsteinKass published its Fifth Annual Hedge Fund Survey of hedge fund managers, revealing that 68% of the surveyed managers expect increasing consolidation in the asset management space in 2011, with the responses indicating the most likely catalysts for consolidation being "regulatory developments/compliance costs" (37.1%) and "grow market…

Continue reading...

May 26, 2011

Fund-of-Funds Saguenay and Strathmore to Merge

On May 23, 2011, pionline.com reported that hedge fund-of-funds managers Saguenay Capital (an S&K client) and Strathmore Capital will merge to create Saguenay Strathmore Capital.

Continue reading...

May 2, 2011

Horizon Asset Management and Kinetics Asset Management Merge

On April 29, 2011 Horizon Asset Management, Inc. announced that it is to combine with Kinetics Advisers, LLC, and Kinetics Asset Management, Inc., the investment adviser to Kinetics Mutual Funds, Inc.

Continue reading...

Menu