Mon, Dec 18, 2017
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Neuberger Berman acquires Breton Hill Capital

Friday, September 22, 2017

Bailey McCann, Opalesque New York:

$271 billion asset manager Neuberger Berman has acquired $2B Toronto-based, Breton Hill Capital.

Breton Hill runs a quantitative strategy based on equities research. The firm focuses on alternative risk premia and multi-factor solutions spanning equities, currencies, commodities, and rates. BHC's investment philosophy, process, and proprietary technology platform were developed by its co-founders, Ray Carroll, Simon Griffiths, and Frank Maeba. They are supported by 11 additional investment professionals, all of whom are expected to join Neuberger Berman. BHC will maintain its office in Toronto.

BHC manages capital for an investor base of institutions, ultra-high net worth individuals and retail investors across various vehicles.

The team is expected to join in the fourth quarter of 2017.

"Joining Neuberger Berman will allow us to focus more time on investing and researching new signals," Ray Carroll, Chief Executive Officer, Chief Investment Officer and co-founder of BHC tells Opalesque. Carroll adds that the team will look to use Neuberger's equity research to develop new proprietary datasets. "We're really at the frontier of what I would call quantitative investing 2.0, we think there is a bigger place for data science and research going forward and we plan to build that into our process."

Carroll also said that the firm will be adding headcount and looking to market its solutions into Asia using Neuberger......................

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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  3. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  4. ...And Finally - The ongoing gun saga in the U.S.[more]

    From As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  5. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans