The deal will meaningfully increase assets under management, boost earnings and add AI-trading and crypto derivatives expertise to Hilbert Group’s strategy offerings.Stockholm, Sweden, Nov.26, 2024 (GLOBE NEWSWIRE) -- Hilbert Group is delighted to announce the acquisition of Liberty Road Capital Ltd in an equity-only asset-acquisition deal where all AUM, existing client relationships, key employees and all IP, is acquired by Hilbert Group. Liberty Road brings world class Trading, Asset Management, AI and Operational Experience into the Hilbert Group and this is a significant step forward in our goal of becoming one of the largest digital asset managers in the world. The acquisition also brings Russell Thompson, an industry-leading figure in hedge fund and digital asset management, to Hilbert Group.
In addition, LRC’s co-founders, Anna Dinescu and Tom Bowles, bring exceptional operational, tech, and quantitative expertise to help Hilbert advance its mission of becoming a world-leading digital asset manager.” Russell Thompson, CEO of LRC, also expressed his enthusiasm for the partnership, stating: "We are thrilled to join forces with Hilbert Asset Management, merging deep expertise in both fiat and crypto markets to deliver a best-in-class digital asset management experience for our investors.
We could not be more excited to continue our journey as part of Hilbert” This acquisition positions Hilbert Group as a formidable player in the digital asset management space, significantly enhancing its expertise in AI-driven trading strategies, crypto derivatives, and operational excellence.
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