Aberdeen builds group to buy minority stakes in GPs

Workers install a roof on a multi-family building in Broomfield, Colorado February 19, 2014. U.S. housing starts recorded their biggest drop in almost three years in January as harsh weather disrupted activity, but the third month of declines in permits hinted at some weakness in the housing market. REUTERS/Rick Wilking (UNITED STATES - Tags: BUSINESS)
Aberdeen Asset Management brought on a team from Guggenheim Partners to run a strategy buying minority stakes in alternative-asset managers. The group, Bonaccord Capital Partners, is in market targeting $1 billion for its debut fund, according to sources and a ...

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