{"id":32993,"date":"2012-12-13T07:50:42","date_gmt":"2012-12-13T12:50:42","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=32993"},"modified":"2012-12-13T09:34:42","modified_gmt":"2012-12-13T14:34:42","slug":"legg-mason-acquires-eu-fund-of-hedge-fund-manager-fauchier-partners","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2012\/legg-mason-acquires-eu-fund-of-hedge-fund-manager-fauchier-partners.html","title":{"rendered":"Legg Mason Acquires EU Fund Of Hedge Fund Manager Fauchier Partners"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/06\/msp-mergers-and-acquisitions.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-23038\" title=\"mergers-and-acquisitions\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/06\/msp-mergers-and-acquisitions.jpg\" alt=\"\" width=\"300\" height=\"210\" \/><\/a>New York (HedgeCo.Net) &#8211; $648 billion\u00a0global asset management firm\u00a0Legg Mason, Inc., and hedge fund manager affiliate Permal have acquired Fauchier Partners, a $6 billion\u00a0European based funds of hedge funds manager, from BNP Paribas Investment Partners.<\/p>\n<p>Fauchier Partners will be combined with Permal, one of the largest hedge fund managers in the world, to create an institutionally focused platform (the &#8216;Group&#8217;) with approximately\u00a0$24 billion\u00a0in assets under management and offices in nine locations around the world.<\/p>\n<p>Also in the works is a global investment team with approximately 60\u00a0 investment professionals, based in New York,\u00a0London,\u00a0Paris\u00a0and\u00a0Singapore, which will be led by Permal&#8217;s\u00a0Robert Kaplan\u00a0and Fauchier Partners&#8217;\u00a0Clark Fenton. The team plans on a continued partnership with BNP Paribas Investment Partners. Terms of the deal were not disclosed.<\/p>\n<p>Alex Akesson <br \/>Editor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; $648 billion\u00a0global asset management firm\u00a0Legg Mason, Inc., and hedge fund manager affiliate Permal have acquired Fauchier Partners, a $6 billion\u00a0European based funds of hedge funds manager, from BNP Paribas Investment Partners. Fauchier Partners will be combined [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044,3],"tags":[],"class_list":["post-32993","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-strategies-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=32993"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32993\/revisions"}],"predecessor-version":[{"id":33011,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/32993\/revisions\/33011"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=32993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=32993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=32993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}