Credit Suisse in Preliminary Talks to Buy Mesirow Fund of Funds
Friday, September 4, 2009 : PermalinkBloomberg – Credit Suisse Group AG held preliminary talks with Chicago-based Mesirow Financial Holdings Inc. about buying its $11 billion business that invests clients’ cash in hedge funds, according to two people familiar with the discussions.
Credit Suisse, based in Zurich, already manages almost $15 billion in its hedge fund of funds unit.
The talks are in the early stages and could fall through, the people said. Officials for both Credit Suisse and Mesirow declined to comment. The talks were first reported in Alternative Investment News.
More on this topic
(What's this?)
Cheap Stocks 21 Net Net Index Update; CS to Launch New Net Net Index
(Cheap Stocks, 1/19/10)
Do Not Buy CSLS
(Oxbury Publishing, 2/23/10)
World's Largest Hedge Funds
(market folly, 3/9/10)
CREDIT SUISSE: BUY THE DIPS – THE BEAR ISN’T HERE YET
(THE PRAGMATIC CAPITALIST, 2/2/10)
Leave a Comment:
Related posts
Tags:
alternative-investment-news, credit suisse group, hedge fund of funds, hedge funds