Lehman Brothers has purchased a 20 percent stake in Spinnaker Capital, the USD5 billion (€3.8bn) emerging markets fund manager. Spinnakers’ other three funds are now closed to new investment and are reported to contain USD5 billion in assets.
Lehman Brothers Buys 20% Stake In Emerging Markets Fund Manager Spinnaker Capital
Lehman Brothers has purchased a 20 percent stake in Spinnaker Capital, the USD5 billion (€3.8bn) emerging markets fund manager. Spinnakers' other three funds are now closed to new investment and are reported to contain USD5 billion in assets.
« Société Générale Hires 1,300 To Boost Investment Banking Unit