Transactions


$3 billion AUM

a subsidiary of

a subsidiary of

has been acquired by

has been acquired by

Financial advisor to Ramius & Cowen Group

Financial advisor to Ramius & Cowen Group

September 2016

Freeman & Co. Acted as Financial Advisor to Ramius & Cowen Group
Date
September 2016
Industry
Asset Management
Transaction
Sell-Side M&A

AllianceBernstein to acquire 100% interest in Ramius Alternative Solutions (RASL)

August 31, 2016 – AllianceBernstein has agreed to acquire a 100% interest in Ramius Alternative Solutions (RASL), an entity jointly-owned by Ramius, the investment division of Cowen Group (NASDAQ: COWN) and its principals.

RASL provides its global institutional client base with an array of bespoke alternative investment solutions, including:

  • Customized alternative risk premia
  • Targeted portfolio replication
  • Tailored hedge fund selection

This acquisition adds new investment capabilities in factor-based and alternative risk premia solutions to AllianceBernstein and expands the firm's multi-asset and alternative investments offerings.

This transaction represents Freeman & Co’s 53rd M&A asset management transaction and 25th in the manager-of-managers sector.