Integrated Asset Management sells BluMont Capital to Arrow Capital Management

Location Date: 
Hedge Week, September 2013

The closing of the transaction is subject to, among other things, receipt of all necessary approvals of applicable securities regulatory authorities. Pending approvals, the parties expect the transaction to close in the last calendar quarter of 2013.

The proposed sale of BluMont to Arrow will allow IAM to focus exclusively on its growing institutional business, which comprises approximately 85 per cent of IAM’s current assets under management, while complementing Arrow’s existing line-up of investment solutions to both Canadian and international clients. IAM intends to build on its core asset classes of real estate and private corporate debt with new products and new asset classes

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