Hedge fund specialist investment consulting firm Aksia has inked a deal to acquire TorreyCove Capital Partners in the first half of this year.
Terms were not disclosed but the combination of Aksia and TorreyCove reflects the growing pan-alternatives interest in the institutional investor community. Aksia has advised institutional investors on private credit and hedge fund strategies, while TorreyCove has a long-running business in consulting on private equity and real asset strategies.
According to a press statement, the firms will advise on more than $160 billion in alternative assets with more than 240 professionals . . .
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