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

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...