Alternative asset manager P Schoenfeld Asset Management (PSAM) has purchased a minority stake in CdR Capital, a UK and Geneva headquartered private investment office.
The stake allows PSAM, which employs a research based fundamental investment approach that spans many business cycles, to capitalise on CdR Capital’s asset allocation expertise as well as the skills of its quantitative investment teams.
With this transaction, the event-driven specialist will be more responsive to the needs of its global clients. As part of the agreement, PSAM and CdR Capital will be collaborating on joint ventures and building out bespoke client solutions.
“We have known the founders and partners of CdR Capital for many years and their approach is thoughtful and innovative. We are excited to partner with them as we enhance two decades’ investment experience so we can best serve both our current and future clients," says Caroline S Greenwald, Partner at PSAM.
“We are delighted to be joining forces with PSAM, an industry veteran with more than 20 years of fundamental investment experience and impeccable reputation,” says Leila Kotlar-Bouget (pictured), Partner at CdR Capital, London. “There are a number of interesting investment opportunities that emerge when we combine our skills, and we are looking forward to capitalising on the synergies across the investment teams to design bespoke solutions.”
Together, PSAM and CdR Capital have offices in Dubai, Geneva, London, Miami, New York and São Paulo, providing management and advisory services comfortably in excess of USD5 billion of investors’ capital.
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