June 10, 2014 – (Press Release Date)
Lovell Minnick Partners invests in 361 Capital
Lovell Minnick Partners today announced that it has invested in 361 Capital, an asset management firm specializing in liquid alternative investments, for an undisclosed amount. Lovell Minnick Partners will assume a minority ownership stake in the Denver-based alternatives firm.
About 361 Capital
361 Capital is an asset management firm specializing in liquid alternative investments. Founded in 2001, the firm is a pioneer in delivering innovative alternative investment strategies to investors through highly liquid vehicles. 361 Capital specializes in managed futures, long/short equity, multi-strategy, and global macro strategies, accessible through mutual funds, limited partnerships, and separate accounts. The firm distributes its products through investment advisors and institutions. www.361capital.com
About Lovell Minnick Partners LLC
Lovell Minnick Partners LLC is an independent, management-owned private equity firm providing buyout and growth capital to companies in the financial services industry. From offices in Philadelphia and Los Angeles, Lovell Minnick manages private equity partnerships that have raised over $1.1 billion in committed capital. Portfolio companies of Lovell Minnick operate in various areas of the global financial services industry, including asset management, financial product distribution, securities brokerage, financial consulting services, banking, specialty finance, and specialized outsourcing solutions. www.lovellminnick.com