(Opalesque) Swedish asset management firm East Capital Holding has agreed to acquire the compatriot hedge fund firm Adrigo Asset Management to strengthen its offering in absolute return and specialized investment strategies. Stockholm-based Adrigo manages two hedge funds – Adrigo Hedge and Adrigo Small & Midcap L/S – and oversees approximately SEK 1.5 billion ($160 million) in assets under management.
East Capital acquires hedge fund firm Adrigo Asset Management
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