Hedge fund-of-fund managers, Strathmore Capital and Saguenay Capital, will merge to form Saguenay Strathmore Capital, Pensions & Investments reports. The deal, which is expected to be completed in July, is a growth merger rather than an acquisition by Strathmore Capital.
At the new firm, Stephen Harper, will serve as CEO, Brian Walsh managing member and CIO at Saguenay Capital will be Chairman and CIO. Emlyn Palmer, a Strathmore partner and COO, will be COO at the new firm. The firm’s partners will control 100% of the firm.
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