FWM Holdings, the parent company of Forbes Family Trust acquired Optima Fund Management.

FWM Holdings, the parent company of Forbes Family Trust and LGL Partners, multi-family offices serving ultra-high-net worth families, is to acquire Optima Fund Management. Financial terms were not disclosed. Optima is a New York-based private investment firm specialising in alternative investments, with $2bn in assets. “Dixon and his investment team have been pioneers in the hedge fund industry for more than 30 years, and we are excited to welcome a trusted partner who brings expertise and a strong track record. Optima also has deep relationships with top managers, which is essential for access to the most promising funds. We believe Optima delivers strategies that are well-positioned to perform as markets grow more volatile." Keith M. Bloomfield, FWM Holdings and FFT Chief Executive Officer and a founding partner.