Credit Suisse subsidiary buys stake in Reservoir Capital
October 21, 2010
Anastasia Donde
Credit Suisse’s Asset Management Finance subsidiary has purchased an interest in Daniel Stern’s Reservoir Capital.
Asset Management Finance, a subsidiary of Credit Suisse, is taking a 25% stake in Daniel Stern’s Reservoir Capital. Reservoir will get access to Credit Suisse Asset Management’s distribution capabilities and the two firms will form a joint venture to launch a new seeding fund, according to people familiar with the deal. Credit Suisse declined to comment. Stern, founder and co-chief executive of Reservoir, did not return...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Subscribe now