Outlook for hedge fund M&A is still strong, says Putnam Lovell

Fri Aug 10, 2007

Acquisitions of alternative asset managers hit historically high levels during 2007’s first half and are expected to remain strong for the rest of the year, according to Putnam Lovell, a financial services boutique owned by Jefferies & Co.

Transactions in the first half of the year hit a record high, with demand for hedge fund firms particularly robust. Acquisitions of alternative asset managers represented almost 30% of announced M&A asset management transactions...

ISSN: 2151-1845 / CDC10004H

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