Toronto-based IAM exits BluMont Capital
Toronto-based Integrated Asset Management Corp said Thursday that it has inked an agreement to sell BluMont Capital Corp to Arrow Capital Management. No financial terms were disclosed. The sale is expected to close in the last quarter of 2013. Origin Merchant Partners advised IAM in this transaction. Headquartered in Toronto, with offices in Montréal, Calgary and Vancouver, BluMont is a retail alternative assets firm. Update: With the sale, IAM intends to build on its core asset classes of real estate and private corporate debt.
19 September 2013•3 mins read
