Greenhill to buy Cogent Partners for $97.6 mln

Greenhill & Co. Inc. said Tuesday it has agreed to buy Cogent Partners. Greenhill is buying 100 percent of Cogent for $97.6 million, with about 30 percent payable in the future upon the achievement of agreed revenue targets. Dallas-based Cogent provided financial advice to pension funds, endowments and other institutional investors on the secondary market for alternative assets.

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