Schroders Acquires UK Hedge Fund Business

Schroders has agreed to acquire NewFinance Capital, a London-based manager of funds of hedge funds, for $101 million in cash and up to a further $41 million contingent on revenue targets being met over....

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By: Stephen Harris
February 21, 2006
Schroders has agreed to acquire NewFinance Capital, a London-based manager of funds of hedge funds, for $101 million in cash and up to a further $41 million contingent on revenue targets being met over....