2012 M&A wave gains traction as KKR acquires custom portfolio experts Prisma
Tue Jul 3, 2012
With at least eight known mergers announced in just the last
three months the need for scale, distribution, credibility and
brand power continue to be among the drivers for deals. Noise
about a sale for EIM continued as persistent rumours about KKR
& Co. came true. The global investment firm founded in 1976
with roots in private equity has announced plans to acquire
Prisma Capital Partners, a provider of customised hedge fund
solutions, currently backed by the Aegon insurance and
The move will allow KKR - which, with $62.3 billion under
management now also has established private, public and capital
market activities - to compete in the hedge fund space with
ISSN: 2151-1845 / CDC10004H
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