M&A – Sale of Berens Capital Management to Alternative Investment Group

Seward & Kissel client, Berens Capital Management, a global asset manager known for its high-quality research and focus on emerging and frontier markets, sold its business to Alternative Investment Group, an independent investment firm. The transaction positioned the combined team as a leader in emerging markets multi-manager investing, with Berens Capital Management’s emerging and frontier markets expertise complementing Alternative Investment Group’s longstanding strengths in U.S. and international long/short equity, credit, mortgages, event-driven and sustainability/ESG strategies. The transaction increased Alternative Investment Group’s assets under management to approximately $1.25 billion at the time of the transaction.