Saturday, 28 November 2015
Last updated 9 hours ago
Apr 19 2011 | 11:28am ET
Richmond Park Partners has closed its acquisition of French fund of hedge funds group Olympia Capital Management, one of the oldest in Europe.
The deal—terms of which were not disclosed—was completed last week, Richmond Park announced yesterday, after winning the approval of both British and French regulators. Olympia, which has US$2.2 billion in assets under management, had previously been owned by private equity firm Sagard and Olympia's partners.
Both Olympia CEO Laurent Duperyon and founder Marc Landeau have agreed to remain with the firm.
Olympia, which is now debt-free thanks to the deal, has 48 employees spread across offices in Paris, London, New York and Zürich, Switzerland.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…