Orix Corp has plans to double Mariner Investment Group’s AUM to $20 billion

October 26th, 2010
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Japanese financial services firm Orix Corp. recently purchased a majority stake in Mariner Investment Group, the hedge fund manager led by William Michaelcheck that oversees $11.7 billion in assets under management. According to Bloomberg, Orix plans to co-invest with Mariner and aid in the expansion of new hedge funds, including a range of fixed-income and equity products. The company’s stated goal is to double Mariner’s assets under management to over $20 billion in the next five years, benefitting from the increasing demand from pension funds.
For Detailed Investor Profiles on these Investors, click below:
Mariner Investment Group
Tricadia Capital Management
Related People: Bracebridge Hemyng Young Jr (CEO); John McCormick; Michael Barnes, Arif Inayatullah, Geoffrey Kauffman; William Michaelcheck
Related Entities: Mariner Investment Group LLC; Mariner Opportunities Fund; Mariner Partners; Mariner Voyager; Orix Corp; Pembrook Group; Tiptree Financial Partners LP; Tricadia Capital; Tricadia Capital; Tricadia Distressed & Special Situations Fund; Tricadia Telos CLO 2006-I; Mariner Group Capital; Tricadia Holdings LP
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Investment Management and Hedge Fund Firm Mergers, Acquisitions, Spin-offs and Transactions

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