TITLE

Money Manager Acquires Hedge Firm Shop

AUTHOR(S)
Lewis, Jakema
PUB. DATE
January 2006
SOURCE
Investment Management Weekly;1/23/2006, Vol. 19 Issue 3, Special section p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of hedge fund-of-funds firm Austin Capital Management by Cleveland, Ohio-based Victory Capital Management in 2006. Victory spokesman Ron Petrie explained that the reason behind the acquisition is to meet the demands of its clients. Victory has acquired growth equity firm NewBridge Partners in May 2003.
ACCESSION #
19656996

 

Related Articles

  • Victory Capital to Acquire NewBridge, Adding $2B.  // Money Management Executive;6/2/2003, Vol. 11 Issue 22, p4 

    Reports on the plan of Victory Capital Management to acquire NewBridge Partners, a growth equity management firm, as of June 2, 2003. Assets of NewBridge; Terms of the deal; Compatibility of the business process of the two companies.

  • Victory Capital to Buy N.Y. Fund Manager.  // American Banker;5/28/2003, Vol. 168 Issue 101, p11 

    Victory Capital Management Inc., the investment management arm of Cleveland, Ohio's KeyCorp, announced a deal to buy NewBridge Partners LLC, a New York growth manager with 2 billion dollar of assets under management. NewBridge Partners LLC manages 60 billion dollar of assets but has only 500...

  • Victory Acquires NewBridge Partners. Forde, Arnella J. // Investment Management Weekly;6/2/2003, Vol. 16 Issue 22, p4 

    Reports on a definitive agreement entered by Victory Capital Management to acquire NewBridge Partners. Name that will be adapted by NewBridge Partners after the acquisition; Growth assets of NewBridge that is under management; Companies for which NewBridge is managing assets.

  • Austin Capital Acquisition Pays Off for Victory, Key. Devere, Randall S. // American Banker;11/26/2007, Vol. 172 Issue 226, p7 

    The article reports on the acquisition by Victory Capital Management of Austin Capital Management. Victory is the asset management arm of Cleveland, Ohio's KeyCorp and bought the Texas firm in January of the year 2006. The acquisition has allowed KeyCorp to expand its business while providing...

  • KeyCorp Unit's Plan: Continue Its Institutional Expansion. Ackermann, Matt // American Banker;5/10/2006, Vol. 171 Issue 89, p5 

    The article reports that KeyCorp's Victory Capital Management Inc. explained that its acquisition of Austin Capital Management Ltd. is part of a drive to increase its institutional assets under management. Dave Brown, a senior managing director at Victory, discusses expansion plans. He said his...

  • Victory Capital Management Hedges Its Bets. Lewis, Jakema // Investment Management Weekly;5/1/2006, Vol. 19 Issue 17, p6 

    Reports on the acquisition of Austin Capital Management by Victory Capital Management in 2006. Views of David Brown, senior managing director of Victory Capital, on the acquisition; Benefits of the acquisition to Victory Capital; Background of Victory Capital.

  • KeyCorp Unit to Buy Tex. Hedge Company.  // American Banker;1/17/2006, Vol. 171 Issue 10, p7 

    This article reports that Victory Capital Management, KeyCorp's asset management arm, said Friday that it has a definitive agreement to buy an Austin, Tex., hedge fund company. Austin Capital Management Ltd. is an investment firm that offers four funds of hedge funds. Funds of hedge funds give...

  • LARGEST MONEY MANAGERS.  // Crain's Cleveland Business;12/22/2008, Vol. 29 Issue 51, p56 

    The article lists the largest money management companies in Ohio for the year 2008, ranked by assets under management locally, including Victory Capital Management Inc., National City Private Client Group, and Allegiant Asset Management Co.

  • NewBridge Partners Saddles a New Marketing Director Up. Willcox, Kathleen // Investment Management Weekly;11/13/2000, Vol. 13 Issue 44, p4 

    Reports on the appointment of R. Scott Farden as director of marketing at NewBridge Partners of New York City on November 7, 2000.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics