Equinox Financial Group Acquires Tapestry Asset Management

January 31, 2013

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.

On January 24, 2013, Equinox Financial Group, LLC announced that it has acquired Tapestry Asset Management, LP, an investment advisor specializing in management of multi-manager hedge fund portfolios and managed futures strategies.  Tapestry, based in Princeton, NJ, will be re-branded with the Equinox name.  Equinox develops and manages alternative investment products, including managed futures funds and single-commodity trading advisor programs offered in mutual fund format.  The terms of the transaction were not disclosed.

To read the press release, please click here.


Categories

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