Morgan Snaps Up 19% Stake In London Hedge Fund

Nov 1 2006 | 9:57am ET

Another day, another deal. Morgan Stanley has bought a 19% stake in London-based hedge fund firm Lansdowne Partners. It is the third such deal Morgan has made with a hedge fund in as many days.

Lansdowne Partners, which was founded by Paul Ruddock and Steven Heinz in 1998, has $12 billion in assets under management. It is not known how much Morgan Stanley paid for its piece of the firm.


In Depth

Q&A: Symphony Financial's Baran Talks Investing In Japan

Feb 9 2012 | 6:46am ET

David Baran is co-founder of Tokyo and Singapore-based Symphony Financial Partners...

Lifestyle

Claren Road's Fahey Faces Celebrity Uproar Over Planned Malibu Home

Feb 2 2012 | 2:37am ET

Claren Road Asset Management co-founder Sean Fahey isn't doing much to endear...

Guest Contributor

The S.E.C. Says the Game Has Changed, And So Must Senior Management

Feb 2 2012 | 6:15am ET

On January 31, the SEC held an all-day conference to deliver a clear message: CEOs...

 

Service Providers


Publisher's Note

    Occupy GAIM Fizzles

    Jan 23 2012 | 11:26am ET

    South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…