Mergers & Acquisitions / Joint Ventures

Kenmar, Olympia tie the knot

by

Marc Landeau
The race to consolidate assets continues, as the larger funds of funds take advantage of scale to make inroads into the institutional sector and build resources to cater to the growing move towards customisation. The latest merger is between the Kenmar Group and the Olympia Group of Companies, a move that takes the combined entity to $3.3 billion with a reinforced global presence. The two firms share a similar investment philosophy and both use a top-down macro perspective combined with bottom-up manager selection.

Olympia Capital Management, founded in 1989 by Marc Landeau, has