FS Investments to acquire $1.8 million boutique firm
Specialist in multi-asset investing has three funds and $1.8 billion in AUM
FS Investments, a Philadelphia, Pa.-based alternative investment manager with more than $24 billion in assets under management, has agreed to acquire Chiron Investment Management, a global multi-asset investment boutique managing $1.8 billion.
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Terms of the acquisition were not disclosed.
Chiron, founded in 2015 and based in New York and Kansas City, Kan., manages three mutual funds: Capital Allocation Fund, Chiron SMid Opportunities Fund and Chiron Global Opportunities Fund.
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Following the close of the transaction, Enrico Gaglioti, CEO of Chiron, will join FS in a senior leadership position. Ryan Caldwell, Chiron’s chief investment officer of Chiron, and his team will continue managing all of Chiron’s funds.
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