{"id":91434,"date":"2025-12-02T00:05:00","date_gmt":"2025-12-02T05:05:00","guid":{"rendered":"https:\/\/staging.hedgeco.net\/news\/?p=91434"},"modified":"2025-12-01T19:45:36","modified_gmt":"2025-12-02T00:45:36","slug":"ci-global-asset-management-completes-acquisition-of-forge-first-expanding-its-lineup-of-alternative-investments","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2025\/ci-global-asset-management-completes-acquisition-of-forge-first-expanding-its-lineup-of-alternative-investments.html","title":{"rendered":"CI Global Asset Management Completes Acquisition of Forge First, Expanding its Lineup of Alternative Investments"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"408\" src=\"https:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2.webp\" alt=\"\" class=\"wp-image-91436\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2.webp 612w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2-300x200.webp 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/a><\/figure>\n\n\n\n<p>Share<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>(HedgeCo.Net) (\u201cCI GAM\u201d) today announced it has completed the acquisition of Toronto-based alternative asset manager\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forgefirst.com%2F&amp;esheet=54365992&amp;newsitemid=20251201007168&amp;lan=en-US&amp;anchor=Forge+First+Asset+Management+Inc.&amp;index=2&amp;md5=f1b9f02792af7db775ac697fd3df155d\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Forge First Asset Management Inc.<\/strong><\/a>\u00a0(\u201cForge First\u201d).The transaction, first\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cifinancial.com%2Fci-gam%2Fca%2Fen%2Fnewsroom%2Fpress-releases%2Fci-global-asset-management-to-acquire-forge-first-an-alternative-asset-manager-with-1-billion-in-aum.html&amp;esheet=54365992&amp;newsitemid=20251201007168&amp;lan=en-US&amp;anchor=announced&amp;index=3&amp;md5=157255d9db5083564eb0b620432726e7\" target=\"_blank\" rel=\"noreferrer noopener\">announced<\/a>\u00a0on September 9, 2025, adds four alternative investment funds with combined assets of approximately $900 million to CI GAM.<\/p>\n\n\n\n<p>\u201cThis acquisition strengthens CI GAM\u2019s position as a leader in alternative investments in Canada,\u201d said Marc-Andr\u00e9 Lewis, President and Chief Investment Officer, CI GAM. \u201cWe are deepening our capabilities and adding complementary strategies to our diverse lineup \u2013 providing advisors and investors with an enhanced selection of proven, high-quality solutions.\u201d<\/p>\n\n\n\n<p>The&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forgefirst.com%2Ffunds&amp;esheet=54365992&amp;newsitemid=20251201007168&amp;lan=en-US&amp;anchor=Forge+First+funds&amp;index=4&amp;md5=2a70cee52f357247936abaaf2ebbc396\" target=\"_blank\">Forge First funds<\/a>, which include two liquid alternative mutual funds and two limited partnerships, invest in North American securities using a long-short approach that seeks a balance between asset protection and capital enhancement. The Forge First team has achieved consistent risk-adjusted returns in a rapidly changing market environment. The Forge First investment team, led by Keenan Murray, continues to manage the Forge First funds.<\/p>\n\n\n\n<p>The funds extend CI GAM\u2019s robust suite of alternative investment solutions, which include&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cifinancial.com%2Fci-gam%2Fca%2Fen%2Finvestment-solutions%2Fliquid-alternative-investments.html&amp;esheet=54365992&amp;newsitemid=20251201007168&amp;lan=en-US&amp;anchor=liquid+alternatives&amp;index=5&amp;md5=8f07e79089f4bdf81bbbf1dfa39347bf\" target=\"_blank\">liquid alternatives<\/a>&nbsp;and&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cifinancial.com%2Fci-gam%2Fca%2Fen%2Finvestment-solutions%2Fprivate-market-investments.html&amp;esheet=54365992&amp;newsitemid=20251201007168&amp;lan=en-US&amp;anchor=private+markets&amp;index=6&amp;md5=52507051f593d6258efafb5b569dd9fe\" target=\"_blank\">private markets<\/a>&nbsp;funds.<\/p>\n\n\n\n<p>Terms were not disclosed. Morrison Park Advisors served as financial advisor and Borden Ladner Gervais LLP was legal advisor to Forge First. Stikeman Elliott LLP was legal advisor to CI GAM.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"408\" src=\"https:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2.webp\" alt=\"\" class=\"wp-image-91436\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2.webp 612w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2025\/12\/istockphoto-2203022348-612x612-2-300x200.webp 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Share (HedgeCo.Net) (\u201cCI GAM\u201d) today announced it has completed the acquisition of Toronto-based alternative asset manager\u00a0Forge First Asset Management Inc.\u00a0(\u201cForge First\u201d).The transaction, first\u00a0announced\u00a0on September 9, 2025, adds four alternative investment funds with combined assets of approximately $900 million to CI [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":91436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16296],"tags":[8346],"class_list":["post-91434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-investments","tag-alternative-assets"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91434","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=91434"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91434\/revisions"}],"predecessor-version":[{"id":91441,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91434\/revisions\/91441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/91436"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=91434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=91434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=91434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}