October 4, 2012

Carlyle Acquires 55% Stake in Vermillion Asset Management

On October 3, 2012, The Carlyle Group (NASDAQ: CG) announced that it had purchased a 55% stake in Vermillion Asset Management, a commodities investment manager.

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September 20, 2012

Franklin Templeton to Acquire Majority Stake in K2 Advisors

On September 19, 2012, Franklin Resources, Inc. (NYSE: BEN), which operates as Franklin Templeton Investments, announced that it had agreed to acquire a majority stake in K2 Advisors LLC, an independent fund of hedge funds manager, for an undisclosed sum.

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August 3, 2012

AMG Increases BlueMountain Stake

On July 31, 2012, Affiliated Managers Group (NYSE: AMG) announced that it had further increased its investment in global credit alternatives manager BlueMountain Capital Management.

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July 23, 2012

New demands on State Street’s capital cushion

This July 19, 2012 article by Kiah Lau Haslett in SNLFinancial quotes Seward & Kissel partner Jim Abbott on State Street Corp’s proposed acquisition of Goldman Sachs Group’s hedge fund administration business, continuing the consolidation trend in hedge fund servicing. To read this article, please Click…

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June 25, 2012

KKR to Acquire Prisma Capital Partners

On June 18, 2012, KKR & Co., L.P. (NYSE: KKR) announced that it will acquire Prisma Capital Partners for an undisclosed sum. 

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June 4, 2012

3i Buys Debt Funds from Invesco

On May 31, 2012, London South East reported that 3i Group plc had agreed to buy seven European collateralized loan obligation management contracts from Invesco Ltd.

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May 30, 2012

Man Group to Acquire FRM Holdings

On May 21, 2012, Man Group plc announced that it had agreed to acquire the entire issued share capital of FRM Holdings Limited, a global hedge fund research and investment firm.  FRM will be integrated into Man’s multi-manager business.

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May 16, 2012

Gottex Fund Management To Acquire Penjing Asset Management

On May 16, 2012, Gottex Fund Management Holdings announced that it had reached an agreement to acquire Hong Kong-based Penjing Asset Management, a leading Asian alternative asset management provider.

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May 10, 2012

D’Cunha Expects Fewer Hedge Funds to Survive 2012

On May 9, 2012, Bloomberg Television’s Deirdre Bolton interviewed Madison Street Capital’s Karl D’Cunha on the topic of hedge fund manager consolidation. To view the interview, click here.

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May 3, 2012

Kenmar and Olympia to Merge

On April 23, 2012, pionline.com reported that hedge fund-of-funds managers Kenmar Group and Olympia Group of Companies have agreed to merge.

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