Calamos Completes Acquisition of Global Long/Short Manager
Enhances firm's presence in liquid alternatives space
NAPERVILLE, Ill., Oct, 1, 2015 /PRNewswire/ -- Calamos Investments®, a global investment management firm, announced that as of September 30, 2015 it has completed the acquisition of Phineus Partners LP, a global long/short manager based in San Francisco. The acquisition enhances Calamos' product offerings and role as an innovator in the liquid alternatives space.
Founded in 2002 by Michael Grant, Phineus is a fundamentally-driven investment firm that, like Calamos, employs a blend of bottom-up and top-down considerations and has built customized portfolios for private investors, families, endowments and institutions.
"Following a rigorous due diligence process, we are impressed with the investment capabilities that Michael and his team have built," said John P. Calamos, Sr., CEO and Global Co-Chief Investment Officer. "Michael and his team will be a great addition to the Calamos investment team culture and their strategies will be an important addition to our existing liquid alternatives platform, an arena we have been involved in for more than 20 years."
"We were drawn to Calamos because of the firm's long track record in the liquid alternatives space and our similar investment philosophies, combining rigorous research with secular themes in our aim to produce positive risk-adjusted performance," said Phineus Founder Michael Grant. "We look forward to utilizing Calamos' strong brand, marketing and distribution capabilities to assist us in broadening our client base."
About Calamos
Calamos Investments is a diversified global investment firm offering innovative investment strategies including U.S. growth equity, international/global, convertible, multi-asset and alternatives. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an exchange traded fund and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London, New York and San Francisco. For more information, please visit www.calamos.com.
*Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Investments LLP and Calamos Financial Services LLC.
SOURCE Calamos Investments
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