Reuters – TPG-Axon Capital and Montrica Investment Management have agreed to merge in a deal that will bring together assets under management totaling $9.1 billion.
TPG-Axon’s founder, Dinakar Singh, said in a letter to investors on Monday that Montrica and its founders, Andrew Metcalfe, Svein Hogset and Fredrik Juntti, would join TPG-Axon as part of the deal.