Kenmar, Olympia In Merger Agreement

Apr 24 2012 | 5:50am ET

Kenmar Group and Olympia Capital Management have announced plans to merge and create a global fund of hedge funds business.

The new Kenmar Olympia Group will have a combined $3.3 billion in assets under management and offices in New York, Paris, London, Geneva and Zürich, Switzerland, and Singapore. The deal is expected to close in July, pending regulatory approval.

Terms of the deal were not disclosed.

Olympia Group of Companies CEO Sergio Heuer will serve as president and CEO of the combined company. Kenmar co-founders Kenneth Shewer and Marc Goodman will be its co-executive chairmen and global co-chief investment officers.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...