City of London Investment Group has acquired Karpus Management Inc

Target
Company Name
Target
Country
Description

CLIG acquisition of Karpus Management Inc, a high net worth wealth manager with US$3.5bn of funds under management.

Global M&A Offices
Zeus Capital (Global M&A United Kingdom)
Global M&A Advisory Advisor to the buyer
Further information

City of London Investment Group PLC is a United Kingdom-based institutional asset manager focused on closed-end fund investments. The Company offers developed, frontier, tactical asset allocation and private equity closed-end fund strategies. The Company's clients include the United States based pension funds, foundations and endowments.