Neuberger PE Fund Scores Stake In Quant Firm CFM

Law360, New York (December 12, 2011, 3:48 PM EST) -- A private equity fund managed by investment management giant Neuberger Berman Group LLC has acquired a minority stake in French quantitative hedge fund firm Capital Fund Management SA, CFM announced Monday.

Dyal Capital Partners LP, launched in July 2010 by Neuberger Berman, agreed to buy a passive minority interest in the Paris-based quant firm for an undisclosed sum. The transaction is expected to close by the end of December.

Additional terms of the deal were not disclosed. A CFM spokesman declined to comment.

In a statement,...
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