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GEMS Group acquires Kenmar-Olympia Group

Monday, April 14, 2014
Opalesque Industry Update - GEMS Group acquires Kenmar-Olympia. The agreement has received legal and regulatory approvals.

This merger gives birth to the GEMS Kenmar-Olympia Group active in managing over two billion US dollars through a wide range of asset management products and services both in financial and real estate markets.

The group offers in particular multi-strategy alternative and long only funds of funds on macro and thematic strategies; as well as a range of systematic global and sectorial single funds. Additionally, the group owns an exclusive managed accounts platform, CLariTy Managed Account & Analytics Platform.

Hence GEMS Kenmar-Olympia Group offers dedicated tailor- made solutions with full transparency and attractive liquidity. GEMS Kenmar-Olympia Group is also active in private banking, provides family office services and offers life insurance contracts linked to alternative and traditional vehicles.

The GEMS Kenmar-Olympia Group has a strong international presence with offices in London, Paris, New York, Tel-Aviv, Geneva, Nassau, Buenos Aires and Singapore.

This merger brings forward firms among the oldest and most respected ones in the industry of alternative investments.

Each firm of the new Group will continue to develop its own clientele capitalizing on improved research skills as well as better operational capabilities.

“We are very happy to have concluded this acquisition that reinforces our research and international distribution capabilities” said Dr David Goldfarb, Managing Director of GEMS Investment Research.
PD

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