The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:These PE-Backed Folks Want to Invest In More Fund Firms Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 12, 2015

These PE-Backed Folks Want to Invest In More Fund Firms

Reported by Neil Anderson, Managing Editor

The private-equity-backed shop that's poised to buy the assets of F-Squared is on the hunt for more deals.

"We're definitely looking for additional partners," Paul Ingersoll, CEO of Cedar Capital, tells MFWire. "We're looking for intelligent, differentiated asset managers that would benefit from a higher level of distribution capabilities."

The goal, Ingersoll adds, is for Cedar to have "innovative managers of different asset classes, a sufficient number and sufficient range of partners to offer portfolios comprised entirely of [Cedar's] partners' products."

Cedar grew out of ETF strategist GoodHarbor. Ingersoll says that, as they built out distribution, compliance, and other non-portfolio management capabilities, they realized that other shops could take advantage of those, too. GoodHarbor took on some PE backers and created a new parent organization, Cedar. Cedar owns a stake in a mutual fund shop, River North, for which Cedar also handles distribution. Cedar also has a line of mutual funds, the Leland Funds, that are subadvised by outside shops. They've teamed up with Innovator for an ETF. And last year Cedar backed two former top Windhaven executives in creating another ETF strategist, Broadmeadow. (Broadmeadow, in turn, is the Cedar piece that will buy the assets of fellow ETF strategist F-Squared, if all goes as plan later this month.)

"We're looking to continue down that path with asset managers that we can offer value-added distribution," Ingersoll says. "We were setting up this business model over the last couple of years."

In some cases, like River North, the Cedar folks may step in purely in a distribution role while letting their allies do their thing. In other cases, like with F-Squared, Cedar will take on a bigger and broader role. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. The 32nd Sub-Advised Funds Forum, Sep 20-21
  2. Crane's Money Fund Symposium, Sep 21-23
  3. Expect Miracles Foundation's 4th Annual Atlantic Coast Classic, September 21
  4. ICI 2021 Virtual Tax and Accounting Conference - Day 1, September 21
  5. MFDF webinar - the Nuts and Bolts of SPACs, September 22
  6. Morningstar Investment Conference, Sep 22-24
  7. Nicsa webinar - Listen, Learn & Lead | Utilizing Beneficial Partnerships, September 22
  8. MFDF Director Discussion Series - Open Forum via Zoom, September 23
  9. MMI Distribution Leadership Forum - Day 2, September 24
  10. Citywire Greenwich Harbor Retreat 2021, Sep 27-28
  11. Inside ETFs, Sep 27-29
  12. MFDF webinar - MPI's 2021 Mid-Year Survey of Investment Firm Profitability, September 28
  13. ICI 2021 Virtual Tax and Accounting Conference - Day 2, September 28
  14. IMEA In-Person Leadership Summit, September 29
  15. ALFI Digi Pulse USA, September 30
  16. ICI 2021 Virtual Tax and Accounting Conference - Day 3, October 5
  17. Nicsa 2021 General Membership Meeting, Oct 6-8
  18. MFDF webinar - BDCs 101: The Board Perspective, October 13
  19. MFDF Director Discussion Series - Open Forum (New York), October 14
  20. Fund Intelligence Mutual Fund Industry and ETF Awards, October 14
  21. 2021 Nicsa GMM - Digital Innovation Summit, October 19
  22. 2021 MMI Annual Conference, Oct 20-28
  23. Tiburon CEO Summit XLI, Nov 1-3
  24. MFDF webinar - ISO Crypto Exposure: What Boards Need to Know, November 9
  25. MFDF Director Discussion Series - Open Forum via Zoom, November 18
  26. MFDF webinar - Fund Industry Claims Trends: An Insurer's Perspective, December 2

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use