F&C buys Martin Currie private equity fund of funds business

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EUROPE - F&C Asset Management has bought Martin Currie Investment Management's private equity funds business with the aim of developing a significant fund of funds offering for its pan-European clients.

A team of three private equity fund managers, headed up by Harnish Mair, will re-locate to F&C’s Edinburgh office to develop the business. “We are seeing significant demand from both institutional...

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