(Opalesque)The Strategic Group, a Puerto Rico-based private equity firm, has acquired Paskewitz Asset Management, a registered commodity trading adviser. No financial terms were disclosed. Through an affiliated special purchase acquisition vehicle (The Strategic Funds, LLC), The Strategic Group, P.R., LLC, a Dorado Beach, Puerto Rico-based private equity firm, has announced it has acquired all outstanding interest in Paskewitz Asset Management, a registered Commodity Trading Advisor with $135 million (as of close) in assets under management.
The Strategic Group buys Paskewitz Asset Management
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