On June 26, 2017, P. Schoenfeld Asset Management announced the acquisition of a minority stake in CdR Capital, a private investment office based in the United Kingdom and Geneva.
Under the terms of the agreement, P. Schoenfeld Asset Management (“PSAM”) and CdR Capital will enter into joint ventures and develop bespoke client products.
Founded in 1997, PSAM is a global alternative asset management firm with approximately $2.2 billion of assets under management.
Established in 2012, CdR Capital is a private investment office that utilizes traditional and alternative investment strategies for institutional investors, private clients and family offices. It has fee earning assets in excess of $3 billion.
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