Harvest Capital Acquires Minority Stake in Astor

December 11, 2017

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.

To read the press release: please click here.


Investment Manager Strategic Investments, Mutual Fund Private Equity, Private Equity Strategic Investments, Transactions