Deal Snapshot
RESOLVE ACQUIRES ALTERNATIVE INVESTMENT MANAGER ACORN GLOBAL INVESTMENTS
Tuesday 10 July 2018

Canadian asset manager ReSolve Asset Management Inc. has acquired alternative investment manager Acorn Global Investments Inc., the company said. Acorn Global specialises in managed futures and macro strategies. Acorn has approximately USD 210m in assets under management and has had a long-standing and close relationship with ReSolve.
In connection with ReSolve's acquisition of Acorn, Acorn's personnel will amalgamate with ReSolve, as the continuing corporation, being the portfolio manager and investment fund manager of the Acorn Diversified Trust Fund and the ReSolve Adaptive Allocation Fund.


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Details
Date Published: 10/07/2018
Target: Acorn Global Investments
Country: Canada
Sector: Banking/Financial Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: ReSolve Asset Management
Comment:
Terms of the deal were not disclosed

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