Alts. M&A Activity Surges

May 8 2008 | 10:02am ET

Despite the difficulties facing alternative investment firms—or perhaps because those troubles make them a bargain—the market for them couldn’t be hotter.

Sales of alternatives firms have accounted for 40% of mergers and acquisitions in the global investment management business this year, according to Jefferies Putnam Lovell. The proportion represents a record: Last year, deals involving alternatives firms represented 32% of asset management M&A.

“We expect record demand for alternative asset manages to continue through 2008, motivated by buyers’ search for absolute returns and innovative products in challenging capital markets,” Putnam Lovell’s Aaron Door said.

Of the 73 asset management deals in 2008, 29 involve alternatives firms, including 20 hedge funds or funds of hedge funds.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note