Sprott buys Flatiron Capital Management

Sprott has completed its acquisition of Flatiron Capital Management Partners, an alternative investment manager specializing in market-neutral strategies.

To date, Flatiron has approximately $260 million in assets under management.

“The purchase of Flatiron allows us to introduce specialty income strategies to investors,” says Peter Grosskopf, CEO of Sprott.

The company also launched the Sprott Flatiron Yield Trust, an investment vehicle focusing primarily on Canadian convertible arbitrage.

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