(Bloomberg) Stifel Financial Corp., the investment bank known for snapping up regional rivals and Wall Street castoffs, agreed to buy Eaton Partners to add ties with hedge funds, private-equity firms and high-net-worth family offices.
Eaton works with more than 4,000 institutional investors, and has raised $25 billion for funds in the past five years, St. Louis-based Stifel said in a statement Monday that didn’t disclose terms.
