Hunt Capital Holdings, a global leader in commercial real estate and infrastructure, ahas acquired Peak 8 Asset Management of Greenwich, Connecticut.
Peak 8’s investment professionals, including its President, David Moran, will remain employed by the firm.
Peak 8 is an asset management firm focused on alternative fixed income investments. Peak 8 provides investment advisory services to institutional clients and, as of December 31, 2018, had assets under management of approximately $600 million. The firm’s stellar investment team has a proven track record having deployed more than $4 billion of capital over 15 years.
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“This acquisition was good for Hunt, as we and Peak 8 have similar investment styles and approaches to risk. This transaction further advances our long-term strategy of growing our fixed income and related businesses, particularly in the insurance space, a sector in which the Peak 8 professionals have deep experience,” said Chris Hunt, Chief Executive Officer of Hunt Capital Holdings.
“I, along with the rest of the Peak 8 team, am very excited to be part of the Hunt organization. We think that Peak 8 will compliment Hunt’s existing asset management platform and that together we will utilize our shared resources and investment styles to grow both of our businesses,” said David Moran, President of Peak 8.
Source:Prnewswire
