{"id":4433,"date":"2006-05-17T00:00:00","date_gmt":"2006-05-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sal-oppenheim-acquires-stake-in-uk-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2006\/sal-oppenheim-acquires-stake-in-uk-hedge-funds.html","title":{"rendered":"Sal. Oppenheim acquires stake in UK Hedge Funds"},"content":{"rendered":"<p>  WEST PALM BEACH, FL (HEDGECO.NET) &#8211; Sal. Oppenheim was founded in 1789 and is based in Cologne, Germany. Active in the field of corporate finance, Mergers &amp; Acquisitions, Equity Capital  Markets, Real Estate Advisory and Financial Institutions they have recently acquired sizable stakes in London-based hedge fund providers Attica Alternative Investments and Integrated Asset  Management.<\/p>\n<div class=\"writeboardbody\">\n<p>    Oppenheim already had E 200m invested in its own fund-of-hedge funds, they also have around E 17bn in institutional assets under management. Roughly 40% of this volume came from pension funds.  <\/p>\n<p>    Sal. Oppenheim said that in a complex transaction, it had acquired a 49.9% stake in <span class=\"caps\">AAI<\/span> and a 27% stake in <span class=\"caps\">IAM<\/span>. The bank added that as a result    of the deal, it had gained another 1bn in assets managed by hedge funds.  <\/p>\n<p>    \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe deal provides us with an excellent position in Europe\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s hedge fund market\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d commented Detlef Bierbaum, managing partner at Sal. Oppenheim in charge of asset management.  <\/p>\n<\/div>\n<p>  Alex Akesson<br \/>  Contributing Writer<br \/>  HedgeCo.Net<br \/>  Email: Editor@hedgeco.net<\/p>\n<p>  HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n<p>  <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\/\">www.hedgefundlounge.com<\/a>, <a href=\"http:\/\/www.hedgefundtools.com\/\">www.hedgefundtools.com,<\/a><\/strong>  and <a href=\"http:\/\/www.hedgefundemployment.com\/\"><strong>www.hedgefundemployment.com.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO.NET) &#8211; Sal. Oppenheim was founded in 1789 and is based in Cologne, Germany. Active in the field of corporate finance, Mergers &amp; Acquisitions, Equity Capital Markets, Real Estate Advisory and Financial Institutions they have recently [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4433","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4433","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4433"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4433\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}