Systematica Investments founder Leda Braga and Affiliated Managers Group Inc. have jointly acquired BlueCrest Capital Management’s entire stake in Systematica.
Billionaire Michael Platt’s BlueCrest had kept an undisclosed equity stake in the $13 billion hedge fund firm after selling a part of its 49% holding to West Palm Beach, Florida-based AMG in 2015 when Braga spun out of the firm. Following the latest transaction, Braga will have an increased majority stake, while AMG holds a minority interest, the two firms said in a statement Tuesday. Financial terms weren’t disclosed.
“Seven years ago we embarked on a journey as an ...
