Sat, Mar 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Cantor Fitzgerald Asset Management acquires Fintan Partners LLC

Tuesday, March 04, 2014

Bailey McCann, Opalesque New York:

Cantor Fitzgerald Asset Management (CFAM), a subsidiary of Cantor Fitzgerald, L.P is acquiring California-based Fintan Partners, LLC, a fixed income absolute return fund of hedge funds. Fintan is led by founder Alexander Klikoff and will become part of CFAM.

Cantor’s asset management clients include institutional investors and high net worth clients globally. With the Fintan acquisition, assets under management and advisement are approximately $3bn across Cantor’s platform. The specific terms of the transaction which closed in February were not disclosed.

Fintan will keep its name and largely the same operations that it had before the acquisition. Alex Klikoff, founder of Fintan Partners, told Opalesque - "We believe the combination of Fintan Partners with Cantor Fitzgerald substantially deepens our resources and broadens our range of expertise, while maintaining the continuity of our business, management, staff, and investment philosophy. Cantor is an expert in global fixed income trading and distribution, which we believe will enhance Fintan’s strength and capabilities as an alternative fixed income strategy specialist."

Cantor has been working through an expansion into alternatives including hedge funds, and real estate in addition to their more traditional offerings. This acquisition is the latest step in that process. According to an SEC filing, Fintan had $960m under management as of November 1, 2013. The firm has ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He