Announced
Financials
Sources
Tags
Majority
Private
Single Bidder
Pending
Private Equity
United Kingdom
alternative investment
Acquisition
Friendly
Hedge Funds
Domestic
Synopsis
Candriam, a pan-European asset management firm, agreed to acquire hedge fund business of Rothschild & Co. Financial terms were not disclosed. "The deal will help Candriam enter a new development phase in the alternative investment space, which should prove particularly appealing to investors in the current environment," Fabrice Cuchet, Candriam Deputy Chief Investment Officer.
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