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.