Spouting Rock Asset Management to acquire Altan Asset Management.

Spouting Rock Asset Management, a multi-boutique manager platform, agreed to acquire Altan Asset Management, an investment management firm. Financial terms were not disclosed. “Our process allows our clients to align their goals with a long-term fundamentals-driven investment approach. We aspire to provide consistent returns and attractive risk metrics. Spouting Rock’s ideology matches this commitment. We are delighted and privileged to join a team that shares common values and has an unwavering dedication to their clients,” Rehan Chaudhri, Altan Asset Management CIO.