June 16, 2014
On June 9, 2014, Man Group plc (LSE: EMG) announced an agreement to acquire Pine Grove Asset Management LLC, a US-based fund of hedge fund manager, diversifying its product offering.
May 9, 2014
On May 2, 2014, Aequitas Capital Management announced the acquisition of alternative investment manager Maple Bay Asset Management, adding peer-to-peer lending expertise.
May 2, 2014
On April 25, 2014, Reuters reported that Seward & Kissel client Marshall Wace had agreed to acquire a controlling stake in New York-based asset manager Eaglewood Capital Management, which invests in peer-to-peer loans.
December 2, 2013
On November 26, 2013, The Carlyle Group (NASDAQ: CG) announced that it will acquire Diversified Global Asset Management Corporation, a global hedge fund manager. Carlyle will finance the transaction with equity from its balance sheet.
December 2, 2013
October 23, 2013
October 16, 2013
August 7, 2013
This August 6, 2013 article by Jane Searle in the Deal Pipeline quotes Seward & Kissel partner Jim Abbott on the topic of alternative asset management being a sector that is ripe for deal activity. To read this article, please Click Here (Deal Pipeline subscription required).
June 6, 2013
On June 4, 2013, Bloomberg reported that Dyal Capital Partners, a private equity firm run by Neuberger Berman Group, had acquired a 20% stake in hedge fund manager Capstone Investment Advisors.
May 13, 2013
On April 23, 2013, Canadian Western Bank (TSX: CWB) announced that it has signed an agreement to acquire a 55% ownership stake in McLean & Partners Wealth Management Ltd. in an all-cash deal. McLean & Partners’ executive management team will retain a 45% ownership in the company.