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US-based alternative investment platforms Altegris and Artivest have completed the merger of their businesses. The deal, which will create a $3bn alternative investments platform, and continue to operate under the Artivest brand, will be based in both New York and California.
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“The alternatives industry is being disrupted and reshaped by demand from new participants. Affluent individuals and their advisors are seeking far greater access to institutional-quality private alternatives for their alpha, diversification and risk mitigation potential, and Artivest has the capabilities to do just that,” Osborne stated.
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