Monday, July 15, 2024

AGF takes 25% stake in New Holland Capital

  • Sign up to AFI’s free industry briefings here. Join decision-makers getting an industry edge with membership.

Toronto-based AGF Management Limited has made taken a 25% stake in New Holland Capital, the $5bn multi-strat platform, to bolster its alternatives business.

The $43bn firm will make the initial strategic investment via its AGF Capital Partners unit in the form of a note convertible into a 24.99% economic interest in New Holland.  The deal provides AGF the opportunity to increase its ownership stake in future.

Please subscribe to Alternative Fund Insight to continue reading
Alternative Fund Insight provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in hedge funds and private markets.