Saturday, April 20, 2024

AGF takes 25% stake in New Holland Capital


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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.

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