On November 28, 2017, Harvest Capital Strategies LLC announced that it had acquired a minority stake in Astor Investment Management LLC.
Freeman & Co. acted as financial advisor to Astor Investment Management LLC (“Astor”). The terms of the deal were not disclosed.
Harvest is the asset management subsidiary of JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm.
Astor is a Chicago-based registered investment advisor that specializes in a variety of asset classes through mutual funds, universal managed accounts and separately managed accounts. Astor has approximately $1.9 billion in assets under management.
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