Transactions


has been acquired by

has been acquired by

Financial advisor to Carlin Financial Group

January 2007

Freeman & Co. Advised Carlin Financial Group in Deal With RBC Capital Markets
Date
January 2007
Industry
Broker-Dealer, Financial Technology
Transaction
Sell-Side M&A

RBC Capital Markets to acquire Carlin Financial Group

October 25, 2006 (New York, NY) – Freeman & Co. LLC, a leading independent advisor to the financial services industry, announced today that it advised Carlin Financial Group in the sale of its broker-dealer business and certain other assets to Toronto-based RBC Capital Markets.

The acquisition, which was announced earlier today and is subject to regulatory approval, will give RBC Capital Markets a best-in-class electronic execution platform from which to serve the emerging hedge fund and professional trader communities. It will also enable RBC Capital Markets to develop a best-in-class North American electronic execution platform for its investing clients.

“The acquisition of Carlin’s broker-dealer business by RBC will address the needs of the fast-growing hedge fund sector, which now generates more commissions on Wall Street than any other investment management category,” said Peter Majar, a managing director of Freeman & Co. “Carlin has developed a unique platform that is capable of serving emerging and mid-sized hedge funds with up to $500 million assets under management as well as specialized services that can support larger, event driven funds.”