News: Finance

Hunt Capital Holdings acquires Peak 8 Asset Management

Greenwich, CT Hunt Capital Holdings has acquired Peak 8 Asset Management. Peak 8’s investment professionals, including its president, David Moran, will remain employed by the firm. 

Peak 8 is an asset management firm focused on alternative fixed income investments. Peak 8 provides investment advisory services to institutional clients and, as of December 31, 2018, had assets under management of $600 million. 

The firm’s stellar investment team has a proven track record having deployed more than $4 billion of capital over 15 years. 

“This acquisition was good for Hunt, as we and Peak 8 have similar investment styles and approaches to risk. This transaction further advances our long-term strategy of growing our fixed income and related businesses, particularly in the insurance space, a sector in which the Peak 8 professionals have deep experience,” said Chris Hunt, CEO of Hunt Capital.

“I, along with the rest of the Peak 8 team, am very excited to be part of the Hunt organization. We think that Peak 8 will compliment Hunt’s existing asset management platform and that together we will utilize our shared resources and investment styles to grow both of our businesses,” said Moran.

Tags: Finance
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