The three wings of the group plan to integrate their businesses more closely as a prelude to a new combo-product.
The sale of its $150 million fund-of-hedge-funds business to MCP Asset Management is now done and dusted.
Sparx Asset Management will sell its hedge fund products through Triple A Partners.
The new fund will be managed by Anoop Villait, head of the firm's India strategy.
Japanese investment manager acquires the largest regional ex-Japan alternatives manager in a $226 million stock/cash deal.