Transactions


$2 billion AUM

has sold a minority interest to

has sold a minority interest to

a subsidiary of

a subsidiary of

Financial advisor to Astor

Financial advisor to Astor

November 2017

Freeman & Co. Acted as Financial Advisor to Astor
Date
November 2017
Industry
Asset Management
Transaction
Sell-Side M&A

Astor Investment Management LLC (Astor) has agreed to sell a minority equity interest to Harvest Capital Strategies LLC (Harvest), a subsidiary of JMP Group (NYSE: JMP)

November 2017 – Astor Investment Management LLC (Astor) has agreed to sell a minority interest to Harvest Capital Strategies LLC (Harvest), a subsidiary of JMP Group (NYSE: JMP).

Astor is a Chicago-based registered investment advisor with $1.9 billion of assets under management:

– The firm utilizes a broad range of asset classes to develop asset allocation strategies driven by macroeconomic theory‚Äč

– Product offerings include mutual funds, separately managed accounts and universal managed accounts

Harvest is the alternative asset management subsidiary of JMP Group, a San Francisco-based diversified capital markets firm.

The partnership allows Astor to, among other initiatives, develop new investment strategies and reach a broader client base.

Freeman & Co. acted as exclusive financial advisor to Astor.