CI Global Asset Management to acquire Forge First.

CI Global Asset Management, an investment management company, agreed to acquire Forge First, an alternative asset manager with approximately $1bn in assets under management. Financial terms were not disclosed. “CI GAM is the ideal partner to drive the next stage of growth at Forge First. CI GAM’s scale and extensive capabilities in distribution and marketing can boost our exposure to advisors across Canada, as well as to family offices and institutional investors,” Mr. McCreath, Forge First Chief Executive Officer.