Morgan Stanley Snaps Up Boston Hedge Fund Firm

Jun 2 2006 | 8:11pm ET

Morgan Stanley Investment Management has acquired the investment team and most of the assets of Boston-based hedge fund firm Oxhead Capital Management.

The hedge fund, which oversees about $100 million in assets, is led by Robert Swift, Nathan Eigerman and Daniel Phipps, all former executives at Putnam Investments.

The firm was founded in October 2003. Financial terms of the deal were not disclosed.

"We have been aggressively pursuing new opportunities for growth and exploring acquisitions of varying sizes to further enhance our investment experience and capabilities in the alternatives space," Owen Thomas, president of Morgan Stanley Investment Management, and Stu Bohan, head of alternative investment, wrote in an internal memo.

Last year Morgan Stanley held talks with alternative investment firm FrontPoint Partners about acquiring the $5 billion shop, but nothing came of it. Earlier this year, Morgan Stanley held discussions about buying money manager BlackRock, but the deal fell apart over price and issues of control.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.