Neuberger fund Dyal buys stake in Paris-based quant group CFM

Tue Dec 13, 2011

Dyal Capital Partners, a private equity fund managed by New York-based investment management group Neuberger Berman, has bought a passive minority interest in Capital Fund Management SA (CFM) - the long-running $5 billion Paris-based quantitative hedge fund group.

Dyal is acquiring its interest from the estate of CFM's founder, Jean-Pierre Aguilar - who died in a flying accident in 2009. The rest of Aguilar's interest has been purchased by CFM's senior management team, who will maintain majority ownership of the firm.

Under the terms...


The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please,
take a free trialsubscribe or log in to EuroHedge.


Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now