Saturday, 20 September 2014
Last updated 1 day ago
Oct 4 2010 | 2:37am ET
AllianceBernstein has acquired SunAmerica's alternative investments group.
Terms of the deal were not disclosed. AllianceBernstein, which is owned by AXA, also would not say how much the SunAmerica hedge fund and private equity unit manages.
"We are pleased to add to our alternative investment capabilities this exceptional hedge fund and private equity fund investment team," CEO Peter Kraus said. "Marc Gamsin and his SunAmerica Alternative Investments colleagues have built an outstanding platform, which we believe will provide valued investment opportunities for our clients."
"We've admired AllianceBernstein's superb investment research for many years, and we're thrilled to become a part of this respected, global institution, while maintaining our long-standing SunAmerica relationship," Gamsin added.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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