A Lehman compra mais uma participação em uma asset especializada em hedge funds.
Lehman Buys Piece of FoF IAM
by Christopher Glynn, Reporter June 18, 2007
Lehman Bros. has bought a stake in Integrated Asset Management, according to a report.
The investment bank is now a 9.4% owner of IAM, a fund-of-funds company traded on the Alternative Investment Market, a segment of the London Stock Exchange.
Lehman Bros. paid $9.3 million for its stake in IAM, the report said.
London-based IAM in May had revealed it was in discussion with an unnamed investment bank about selling a stake in itself.
Since 2005, Lehman Bros. has been buying minority-ownership in several hedge fund businesses. In March, it bought a 20% stake in D.E. Shaw & Co. Lehman is also part-owner in GLG, Marble Bar Asset Management, Ospraie Management and Spinnaker Capital.
Monday, June 18, 2007
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