Tue, Jun 19, 2018
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. North America - George Soros: 'Everything that could go wrong has gone wrong'[more]

    From Marketwatch.com: George Soros, tell us how you really feel. 'Everything that could go wrong has gone wrong. [Trump] is willing to destroy the world.' The 87-year-old billionaire clearly isn't shy about expressing his generally liberal views and distaste for Trump's "America First" platform,

  2. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  3. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  4. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  5. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv