TriAlpha Merges With ACP

Dec 2 2008 | 1:14pm 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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat