Tue, Jul 29, 2014
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. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass