M and A

ING US Buys into Alternative Asset Manager

Nick Parmee January 8, 2008

ING US Buys into Alternative Asset Manager

ING Investment Management Americas, the US asset management arm of Dutch ING group, has taken a minority stake in Lincoln Vale, an alternative asset investment firm based in London and Boston.

This strategic relationship will include ING making “substantial” capital commitments to Lincoln Vale fund launches; ING will be a primary distributor of Lincoln Vale funds worldwide.

Lincoln Vale was established in 2005 by Phil Cooper - former partner at Goldman Sachs and founding partner and head of Goldman Sachs' private equity group - and Katherine Priestley.

Lincoln Vale's product range includes hedge funds, private equity funds and structured products.

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