Indocam, the asset management arm of the Credit Agricole Group, is to buy Paris-based Alternative Investment Products and its Chicago-based sister company Alternative Investment Managers for an undisclosed sum.
The acquisition, which the fund manager hopes to complete in July, will bring Indocam’s total alternative assets under management to $1.5bn (£1.04bn). AIP and AIM manage $300m in fund of hedge fund...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date