Thu, Aug 13, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Walter GAM acquires stake in Auspice Capital Advisors

Thursday, July 09, 2020

Laxman Pai, Opalesque Asia:

Canadian private equity firm Walter Global Asset Management has acquired a minority interest in Auspice Capital Advisors, a Calgary-based asset management firm that specializes in alternative and non-correlated investment strategies utilizing a wide array of commodities and financial markets.

With this transaction, its fifth in the past year, Walter GAM obtains a minority interest in Auspice - its first investment in Alberta and Western Canada, said a press release from the international PE platform.

"As a strategic partner, Walter GAM will bolster Auspice's plans to expand its strategies across a greater network, while accelerating the growth of its assets under management through the next decade by continuing to establish strong client relationships," said the release.

Walter GAM will also strengthen Auspice's efforts to increase its geographic footprint and gain a stronger foothold with institutional investors, high-net-worth clients, and the overall retail sector, it said.

In addition to Walter GAM's investment in the firm, its parent company-Walter Financial-will also invest directly in one of the Auspice's funds.

"Auspice's innovative strategies are based on a systematic, quantitative approach that delivers non-correlated returns to traditional asset classes, and tend to perform particularly well during times of crisis," said Sylvain Brosseau, CEO and founding partner of Walter GAM. ......................

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. GCM Grosvenor to merge with Cantor Fitzgerald SPAC, to go public[more]

    Laxman Pai, Opalesque Asia: GCM Grosvenor, a global alternative asset management solutions provider with approximately $57 billion in assets under management, is planning to go public by merging with a special purpose acquisition company backed by the financial-services firm Cantor Fitzgerald in

  2. Ocean Avenue Capital Partners wraps up the fourth fund at $350m[more]

    Laxman Pai, Opalesque Asia: California-based lower-middle market private equity firm Ocean Avenue Capital Partners (OACP) has closed its fourth fund at a hard cap of $350 million, beating its $300 million target. OACP, which manages approximately $1.3 billion of capital, expects that represe

  3. New Launches: Hedge-fund launches pick up despite Covid-19 pandemic, Taconic launches new credit fund, Deerfield raises another $2.5bn as investors flock to health care investments, Blackstone's second fund targeting GP stakes raises $3.5bn so far, Morgan Stanley IM targets greener recovery with Euro sustainable funds, UCL hits $131m first close for sophomore venture capital fund, Fulcrum launches climate change fund, Blackbird raises $356m fund, Crypto venture fund raises $110m from universities, Prime Capital launches Liquid Alternatives Credit fund of funds[more]

    Hedge-fund launches pick up despite Covid-19 pandemic From WSJ: Raising money for a new hedge fund long was contingent on a host of in-person meetings. But a slate of managers are launching sizable startup funds despite complications wrought by the new coronavirus. Hedge-fund man

  4. PE/VC: How private equity co-investments can accelerate investor returns following a crisis, Pandemic slowed private equity fund closings in first half, Private-equity giants inking more deals in Asia[more]

    How private equity co-investments can accelerate investor returns following a crisis Investing in a post-crisis period is never simple. The atmosphere of opportunity compels investors to put capital to work. However, where and how to best invest becomes more important than ever. P

  5. Investing: Viking Global slashes exposure to hot tech stocks, Warren Buffett may have bought back a record $7bn of Berkshire Hathaway stock in the past 3 months[more]

    Viking Global slashes exposure to hot tech stocks From Institutional Investor: Viking Global Investors in the second quarter sharply cut back on positions in at least three of the market's hottest tech and internet stocks, according to a regulatory filing made public late Friday afterno