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Article: Putnam Lovell Equity Partners LP Acquires Interest in Atlantic Asset Management LLC from Mizuho Corporate Bank -USA-.
- Article from:
- Business Wire
- Article date:
- April 11, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--April 11, 2003
Putnam Lovell Equity Partners LP, a private equity fund managed by Putnam Lovell NBF Private Equity, has signed a definitive agreement to acquire Mizuho Corporate Bank (USA)'s interest in Atlantic Asset Management LLC ("Atlantic"), one of the largest independent US firms specializing in fixed income, asset allocation and alternative equity investment strategies.
The transaction is expected to close in June 2003.
Management of Atlantic, including Chief Executive Ronald Sellers and managing directors Elaine Hunt, Donald Trotter and Scott Turley, maintains its majority ownership ...