Hedge Funds Headed for M&As: Institutional Investors Looking for Large, Established Firms

Merger and acquisition activity has been thriving in the hedge fund arena, just not with hedge funds consolidating with each other. In the past few years, traditional asset management firms have been acquiring hedge funds to establish a footprint in the growing area, said Ferenc Sanderson, a senior...

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Bibliographic Details
Published in:Investment management weekly 2007-05, p.1
Main Author: Papini, Jessica
Format: Article
Language:English
Subjects:
Acquisitions & mergers
Compliance
Hedge funds
Institutional investments
Professionals
Startups
Online Access:Get full text
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Summary:Merger and acquisition activity has been thriving in the hedge fund arena, just not with hedge funds consolidating with each other. In the past few years, traditional asset management firms have been acquiring hedge funds to establish a footprint in the growing area, said Ferenc Sanderson, a senior analyst at New York-based Lipper. Currently, private equity firms are looking into acquiring hedge funds, he noted.
ISSN:0896-8500