Hedge Fund Firm Visium Asset Management Buys Credit Shop

Apr 6 2011 | 6:25pm ET

New York-based hedge fund firm Visium Asset Management has acquired the business and investment teams of Catalyst Investment Management Co., which specializes in credit and event-driven strategies.

The seven-person Catalyst team will continue to run the existing Catalyst equity event-driven and credit strategies, which have $250 million in assets under management.


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