Tuesday, October 30, 2007

More asset management M&A ahead?

"... one result of the credit dustup could be a more pronounced shift of capital toward brand-name firms and managers, along with an acceleration of M&A activity in the sector," says the third quarter 2007 newsletter from Berkshire Capital (p. 2).

For example, Berkshire cites Citadel Investment Group's acquisition of distressed assets from Sowood Capital.

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