Mergers & Acquisitions / Joint Ventures

Mariner ready to tap Orix’s connections in Asia-Pacific


Orix USA Corporation, a Dallas, Texas-based subsidiary of Japan’s Orix Corporation, will buy a majority interest in MIG Holdings, the parent company of Mariner Investment Group, a US-based hedge fund and fund of hedge funds provider.

The move allows Orix, a diversified financial services company, to enter the US asset management business. Orix USA’s strategy to enter the asset management business is a substantial enhancement of Orix USA’s traditional operation of various fixed income investment platforms, primarily for its own account.

Founded by William Michaelcheck in 1992, Mariner, which is based in Harrison, New York, is now an