GAM to acquire Cantab Capital Partners….launches GAM Systematic
Posted: June 29, 2016
GAM has agreed to acquire Cantab Capital Partners, a UK-based multi-strategy manager with $4 billion in assets under management. [Read More]
A Sampling of Recent Acquisitions Involving Funds of Funds
Posted: June 29, 2016
Acquirer Target Date Est Price Stake (%)/Comment GAM Cantab Capital June 2016 $217m upfront 60 Northern Trust’s 50 South [Read More]
Third Point Re renews agreement with Loeb’s Third Point at lower management fee
Posted: June 28, 2016
Third Point Re, the Bermuda-based reinsurance firm, renewed its agreement with Dan Loeb’s Third Point for another five-year term. [Read More]
Iowa Public Employee selects 10 liquid absolute return managers
Posted: June 28, 2016
Iowa Public Employees Retirement System, which has $28.2 billion in assets, approved the evaluation committee’s recommendation to hire 10 [Read More]
Ackman loses another 9-10% since Brexit vote
Posted: June 28, 2016
Bill Ackman’s portfolio has lost about 9% since the Brexit vote, according to Fortune. Shares of Amsterdam-listed Pershing Square [Read More]