hedgefunds
Billion Dollar Hedge Fund Buyout
Filed in archive Hedgetalk by Alex Akesson on December 4, 2007
32136085.jpg
In a deal worth up to $1.32 billion, London hedge fund operator Marble Bar Asset Management LLP has been bought by Swiss private banking group EFG International.

EFG said it will initially pay $517 million in cash, plus a further $300 million to $800 million over the next six years, depending on the performance of Marble Bar's funds. Of the initial cash payment to Marble Bar partners and staff, about $400 million will be reinvested in Marble Bar funds for up to six years.

More at; HedgeCo.Net's "Hedge Fund Operator Acquired For $1.32 Billion"



Permalink: Billion Dollar Hedge Fund Buyout
Tags: hedge+funds  hedge  fund  2007  funds  hedge+fund  fund+buyout 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/105270
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Billion Dollar Hedge Fund Buyout:

  • Currently 7.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.00 out of 1 vote(s) cast.
 
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!