Aquiline and Genstar Complete Acquisition of AltegrisWednesday, September 4, 2013
Private equity firms Aquiline Capital Partners LLC and Genstar Capital Management completed the acquisition of Altegris, a La Jolla-based investment firm, for an undisclosed price.
Since it launched one of the first actively managed futures mutual fund in 2010, Altegris has attracted more than $1.6 billion into a family of six liquid alternative mutual funds, the firm said.
Altegris said it has more than 110 investment professionals on staff, more than $3 billion in client assets as of June 30, and provided clearing services to $752 million in institutional client assets.
— SDBJ Staff Report