Summary
NEW YORK (HedgeWorld.com) - Investment manager deals announced this week suggest that acquisitions in this sector are still attractive in spite of a downward trend in the first half of the year.
But the nature of the transactions may have changed. In particular, management buyouts, done in response to changing circumstances, appear to be relatively frequent.See the full content of this document
Extract
Several Manager Deals Despite M&a Slowdown
Brokerage and hedge fund business Quay Financials (Gibraltar) Ltd. was formed as a result of a management buyout from parent c...
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