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Tuesday, October 6, 2015 Is Calamos Still On the Hunt? John Calamos is about to make his second acquisition, and he may do more.
Behan says that Calamos will be opportunistic about deals. He says that the shop has "about $350 million on the balance sheet," ample dry powder for more M&A. "We're in a very, very unique position for a firm our size," Behan says. "Calamos is in a very strong financial position." In the meantime, Calamos is about to buy San Francisco-based Phineus Partners, an active, global, long/short hedge fund. The deal is slated to close by the end of the month. Printed from: MFWire.com/story.asp?s=52598 Copyright 2015, InvestmentWires, Inc. All Rights Reserved |