SWITZERLAND/US - Capital Dynamics acquires HRJ
Fund-of-funds specialist Capital Dynamics has agreed to acquire HRJ Capital, a US-based fund-of-funds manager.
Founded in 1999, HRJ Capital manages approximately $2.1 billion in assets and has offices throughout the United States and abroad.
The transaction is subject, among other things, to consent from the limited partners of HRJ's funds and is expected to close before the end of the second quarter.
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