White Oak Acquires Minority Stake in Blueshift

January 29, 2018

On January 23, 2018, Seward & Kissel client White Oak Equity Partners announced the acquisition of a minority interest in Blueshift Asset Management.

White Oak Equity Partners is a New York City-based private equity firm that purchases non-controlling, minority general partner interests in alternative asset management firms that have under than $2 billion in assets under management.
Blueshift Asset Management is a New Jersey-based quantitative investment management firm that specializes in high-frequency trading and statistical arbitrage strategies across a range of structures.

The terms of the deal were not disclosed. A Seward & Kissel team led by partner Meir Grossman and associate Danielle Lemberg, Tax partner Jonathan Brose and Employment counsel Julia Spivack represented White Oak Equity Partners in connection with the transaction.

To read the press release: please click here.


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Investment Manager Private Equity, Transactions