Cantor absorbs Cadogan under its wing

Thu Feb 2, 2012



Cantor Fitzgerald, a 65-year-old global financial services firm, has expanded its asset management business with an agreement to take over the management of certain funds managed by 17-year-old Cadogan Management.

The New York-based firm founded by Stuart Leaf was independent until it merged with Fortis Investment Management, a move that left it weakened with legacy ABN Amro assets after the group eventually de-merged in what was then a turbulent market.

The deal allows Cantor Fitzgerald's asset management arm, Cantor Fitzgerald Investment Advisors, to become the new manager of certain Cadogan Management funds, including the registered Cadogan Opportunistic Alternatives Fund, which has already changed...

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