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CI GAM to Buy Toronto-Based Alternative Investment Manager
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CI Global to buy Canadian alternative asset manager Forge First
CI Global Asset Management (CI GAM) has reached an agreement to take over Forge First Asset Management, an alternative asset manager based in Toronto. Financial details of the acquisition were not disclosed. Forge First managed assets worth around $1bn. It oversees four investment funds, comprising two liquid alternatives mutual funds and two limited partnerships, which are offered through investment dealers, encompassing all major Canadian …
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