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Manning & Napier completes acquisition

Rochester Business Journal
May 23, 2014

Manning & Napier Inc.’s acquisition of 2100 Xenon Group LLC has been completed, the Perinton-based money management firm announced Friday.

The deal adds three alternative investment products to the Manning portfolio: a global managed futures strategy, a long-short global fixed income futures product and a futures alpha product, officials said.

The acquisition price has not been disclosed.

Founded in 2001, Chicago-based 2100 Xenon manages assets of $200 million. It employs 11.

Manning employs 500, most of whom are in Perinton.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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