BusinessWeek – AM Investment Partners LLC, a $300 million hedge-fund firm, will combine with BAM Capital LLC as managers that bet on price swings seek to shore up assets eroded by the financial market rebound.
“This is a merger of equals,” Mickey Mandelbaum, a spokesman for AM Investment, said in an interview yesterday. BAM Capital founders Ross Berman and Hal Mintz will become equal partners with Mark Friedman and Adam Stern, who started AM Investment. Both firms are based in New York.
