UK Wealth Management Firm Buys Majority Stake in Hedge Fund

Close Brothers Asset Management, part of Close Brothers Group, has bought a majority stake in London-based Fortune Group, a hedge fund manager. Terms of the transaction were not disclosed. Founded....

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By: Contributing Editor
April 4, 2006
Close Brothers Asset Management, part of Close Brothers Group, has bought a majority stake in London-based Fortune Group, a hedge fund manager. Terms of the transaction were not disclosed. Founded....