Morgan Stanley's Hedge Fund Shopping Spree Not Over

Oct 31 2006 | 11:29am ET

Just a day after agreeing to pay about $300 million for about 20% of New York-based hedge fund Avenue Capital Partners, Morgan Stanley consummated its long-running courtship of FrontPoint Partners.

The Wall Street giant confirmed today that is has agreed to acquire FrontPoint Partners for an undisclosed sum, though some insiders say Morgan Stanley is shelling out about $400 million for the $5.7 billion Greenwich, Conn.-based firm.


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Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…