Threadneedle Asset Management has bought a 29.9% stake in Attica Holdings, the UK multi-manager and fund of hedge funds firm.

The deal comes hard on the heels of the failure of Mesirow, a US fund of hedge funds firm, to clinch its anticipated sale.

Mike Foster

Zurich Financial Services

Goldman Sachs

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Threadneedle takes 29.9% stake in Attica

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