Cantor Adds Fund Of Funds Fintan

Mar 3 2014 | 12:58pm ET

Investment bank Cantor Fitzgerald has bought fund of hedge funds Fintan Partners.

Redwood City, Calif.-based Fintan invests in fixed-income hedge funds. The firm was founded in 2005 by Alexander Klikoff, a former hedge fund portfolio manager at Stanford University's endowment.

Terms of the deal were not disclosed. Cantor has been building its hedge fund business since 2011, and now has about $3 billion in assets under management and advisory.

"This transaction is reflective of our objective to grow our asset management business and provide clients with exceptional investment opportunities under the Cantor umbrella," Cantor CEO Shawn Matthews said.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

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

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of