Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AlphaMetrix Acquires WR Group LLC Assets

Wednesday, January 25, 2012
Opalesque Industry Update: AlphaMetrix LLC, founder of the AlphaMetrix Global Marketplace (AGM), the world’s leading online marketplace for private investments, today announced it has acquired the hedge fund managed account assets of WR Group LLC.

The acquisition of WR’s managed account assets across multiple strategies and asset classes will serve to strengthen the depth and breadth of the services AlphaMetrix provides via the Marketplace.

“This is an important example of our ongoing efforts to expand upon AlphaMetrix’s already broad offerings to clients and increase the opportunities we provide investors, funds and service providers,” said Aleks Kins, CEO of AlphaMetrix. “We look forward to an integration that is seamless for all clients.”

In addition, Patrick Lynch, who previously served as WR Group’s head of investment strategy, has joined AlphaMetrix as executive director of business development in New York. He brings to AlphaMetrix more than 25 years of experience in the financial services industry, with a background in fixed-income trading and hedge fund investment management.

In this role, Lynch will report to Mikus Kins, chief product and business development officer at AlphaMetrix in Chicago.

WR Group was a participant in our recent Opalesque Connecticut Roundtable. Read more here.

AlphaMetrix

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released