TriAlpha Merges With ACP

Dec 2 2008 | 2:14pm ET

The Stonehage Group today said it has merged TriAlpha, its alternative asset management arm, with ACP Partners, an independent investment advisory firm based in London. The combined business will initially be known as ACP TriAlpha and will have funds under management of approximately US$2.5 billion. 

Stonehage and ACP will each own 50% of the merged business.
 
TriAlpha was founded in 1997 and offers a range of multi-manager hedge funds, multi-asset class funds and direct securities products. Its clients include institutions and high net-worth families.

Joseph Sassoon and Alok Oberoi, both former Goldman Sachs partners, co-founded ACP in 2001. They will serve as joint CEO the merged business.

“Market conditions will create historic opportunities in the asset management industry, and ACP TriAlpha is ideally placed to take advantage of them,” said Oberoi.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

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

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of