Wednesday, 2 September 2015
Last updated 1 hour ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…