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Ken Shewer Bailey McCann, Opalesque New York:
The Kenmar Group and the Olympia
Group of Companies announced today that they have signed an agreement to merge, subject to
final legal and regulatory approval. The combined firm, to be called the Kenmar Olympia Group, will have $3.3bn in assets under
management across a broad range of investment management products and services including: a
proprietary managed account platform (CLariTy); multi-
strategy, macro-focused and thematic funds of funds; private bank offering family office services to large private investors; and, life
insurance contracts using funds of mutual funds. The new group will have a global presence with offices
in Paris, New York, London, Geneva, Zurich and Singapore.
"We have had a longtime relationship with Olympia Group, we knew Marc Landeau for many years, and there is good chemistry between both firms - our culture and approach is complementary. Both firms have also been looking for strategic opportunities," said Kenmar Group co-Founder Ken Shewer in an interview with Opalesque. "Coming together in this way made sense to us from a strategic standpoint."
According to Shewer, the merger will allow Kenmar Group to leverage Olympia's European background to forge deeper relationships with existing clients. Olympia was attracted to the merger once it became ...................... To view our full article Click here
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