Noele Illien

1 week ago | news.bloomberglaw.com | Todd Gillespie |Noele Illien

Cantor Fitzgerald LP agreed to buy UBS Group AG’s O’Connor unit, ending more than three decades of ownership by the Swiss bank and placing the hedge fund back in control of one of its early founders. The deal includes O’Connor’s six investment strategies with about $11 billion in assets under management, according to a statement Wednesday. Additional terms of the agreement weren’t disclosed, but Bloomberg News has previously reported that the talks included a revenue-sharing proposal.

1 week ago | thinkadvisor.com | Todd Gillespie |Noele Illien

Immediate Answers to Critical Tax Questions At Your Fingertips Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts. Get More Information Recently Added Q&As Recently Updated Q&As What is a high deductible health plan for purposes of an HSA? Get Answer Recently Updated Q&As Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?

1 week ago | news.bloombergtax.com | Todd Gillespie |Noele Illien

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1 week ago | bloomberg.com | Todd Gillespie |Noele Illien

The crossed keys UBS Group logo. (Bloomberg) -- Cantor Fitzgerald LP agreed to buy UBS Group AG’s O’Connor unit, ending more than three decades of ownership by the Swiss bank and placing the hedge fund back in control of one of its early founders. The deal includes O’Connor’s six investment strategies with about $11 billion in assets under management, according to a statement Wednesday.

1 week ago | advisorperspectives.com | Todd Gillespie |Noele Illien

Cantor Fitzgerald LP agreed to buy UBS Group AG’s O’Connor unit, ending more than three decades of ownership by the Swiss bank and placing the hedge fund back in control of one of its early founders. The deal includes O’Connor’s six investment strategies with about $11 billion in assets under management, according to a statement Wednesday. Additional terms of the agreement weren’t disclosed, but Bloomberg News has previously reported that the talks included a revenue-sharing proposal.