Tue, Apr 24, 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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its