CDK Sells Stake To Brown Advisory

Apr 20 2012 | 2:20am ET

New York hedge fund CDK Investment Management has sold a minority stake to the Baltimore money manager it has had a partnership with for six years.

Brown Advisory will buy an unspecified chunk of CDK for an unspecified amount of money, Brown said. The deal will give Brown's clients access to CDK-crafted hedge funds.

"The broadened relationship with CDK enhances Brown Advisory's ability to provide both high net-worth and institutional clients advice on a broad range of hedge fund strategies," Brown CEO Michael Hankin said.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...