Mergers & Acquisitions / Joint Ventures

AlphaMetrix buys assets of WR Group


AlphaMetrix, founder of the AlphaMetrix Global Marketplace online marketplace for researching, tracking and analyzing information about hedge fund managers, has bought the hedge fund managed account assets of WR Group.

Patrick Lynch, who previously served as WR Group’s head of investment strategy, has joined AlphaMetrix as executive director of business development in New York. He brings to AlphaMetrix more than 25 years of experience in the financial services industry, with a background in fixed-income trading and hedge fund investment management.

The acquisition of WR’s managed account assets across multiple strategies and asset classes will serve to strengthen the