Acquisition Wanted: Asset Management Firms with AUM

A California-based investment manager is actively seeking to acquire established asset management firms, investment managers, mutual fund complexes, investment funds, hedge funds, and other investment vehicles. The primary requirement is that target firms must possess substantial Assets Under Administration (AUA) or Assets Under Management (AUM); shell companies are not of interest. The buyer expresses a preference for US and Canadian entities. A specific condition is set for transactions exceeding $1 million: sellers must agree to 25% seller financing over a two-year period. This listing represents an opportunity for owners looking to exit or transition their firm, particularly in situations where partners are departing.