Fund of Hedge Funds Mergers & Acquisitions / Joint Ventures

Tri-Alpha merges with ACP Partners

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TriAlpha, the asset management arm of Stonehage, has merged with ACP Partners to form a business with roughly $2.5 billion under management. The new entity will initially be known as ACP TriAlpha and each side will own 50% of the merged business.

Founded in 1997, TriAlpha offers a range of multi-manager hedge funds, multi-asset class funds and direct securities products.

ACP was founded in 2001 by two former Goldman Sachs partners: Joseph Sassoon, founder and head of its European private wealth management division; and Alok Oberoi, head of Asian private wealth management and subsequently chief operating officer of