Mergers & Acquisitions / Joint Ventures

FRM Capital teams up with Eagle River


FRM Capital Advisors, the hedge fund seeding division of Financial Risk Management, has formed a strategic relationship with Eagle River Asset Management that has led FCA to make a significant investment in the New York-based hedge fund founded by Michael Pascutti. The investment will bring total assets under management at Eagle River to more than $100 million.

Pascutti was a founding partner at Sandelman Partners, where he and the Eagle River portfolio team ran a relative value portfolio. Prior to that, he spent five years with Citadel Investment Group, where he served as head of US Convertibles.

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