Agecroft Partners, a hedge fund consulting and third-party marketing firm, has purchased the business of Alta Via Advisors, a New York-based hedge fund third party marketing boutique, for an undisclosed sum.
As part of the deal, the client base of Alta Via will be moved to Agecroft Partners.
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The acquisition will see Alta Via’s founding principal Andrew Feldman joining Agecroft’s team in a senior management role where he will be in charge for all European operations as well as parts of North American client coverage.
Feldman, who has over 30 years of experience in the financial industry, will also help the firm with hedge fund due diligence, creating hedge fund industry research white papers, and guide the overall vision of the firm.
Agecroft Partners managing partner Don Steinbrugge said: "Andy has a reputation of high integrity and strong ethical standards which are vital characteristics to build the long term reputation of our firm."
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