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ING US Buys into Alternative Asset Manager

Nick Parmee

8 January 2008

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.