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New Deal


Announced

Resolute Investment Managers acquired a majority stake in SSI Investment Management.

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United States

Private

Acquisition

hedge fund

Hedge Funds

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Private Equity

Synopsis

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Resolute Investment Managers, a diversified, multi-affiliate asset management platform with more than 40 affiliated and independent investment manager partnerships, acquired a majority stake in SSI Investment Management, an institutional asset manager specializing in risk-mitigation strategies for institutional and high net-worth investors. Financial terms were not disclosed. “Both SSI and RSW have cultivated strong reputations within the industry of providing a superior level of client service and delivering outstanding results,” said Gene Needles, chairman and CEO of Resolute Investment Managers. “Each firm’s time-tested investment approach will continue without change; instead, we look forward to providing the support and resources needed to achieve their full potential.”

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