Cantor Fitzgerald Asset Management (CFAM), a subsidiary of Cantor Fitzgerald, has acquired California-based Fintan Partners, a fixed income absolute return fund of hedge funds.
Fintan, led by founder Alexander Klikoff, will become part of Cantor Fitzgerald Asset Management (CFAM).
"This transaction is reflective of our objective to grow our asset management business and provide clients with exceptional investment opportunities under the Cantor umbrella," says Shawn P Matthews (pictured), chief executive officer of Cantor Fitzgerald & Co. "As we expand our position in the asset management space by adding the Fintan team, our customers will benefit enormously from the exceptional breadth of services we provide."
"We are thrilled to add Fintan Partners to our growing platform," says Dave Goldfarb, global head of CFAM. "Combining Cantor's capital markets expertise, unparalleled distribution network, and fixed income strength with Fintan's highly respected professionals and research capabilities significantly strengthens our asset management platform. We share a common investment approach and goal of providing exceptional service to clients, and are working hard to ensure a seamless transition and continued success of the Fintan Partners platform."
"We are excited to be partnering with an outstanding firm that investors know and trust," says Klikoff.”"Continuity of the Fintan team was an important factor in our decision to join Cantor. We are maintaining our team and investment advisory philosophy while substantially deepening our resources and networks. Cantor's globally-recognised fixed income franchise provides unmatched visibility into global bond markets, magnifying our fixed income research capabilities and depth of knowledge for the benefit of Fintan's investors."