Preserver Partners, LLC and Channing Alternatives, LLC Join Forces
Retrieved on:
Wednesday, October 18, 2023
Today, Preserver Partners, LLC (“Preserver”) and Channing Alternatives, LLC, a newly formed affiliate of Channing Capital Management, LLC (“Channing”) announce a new strategic partnership.
Key Points:
- Today, Preserver Partners, LLC (“Preserver”) and Channing Alternatives, LLC, a newly formed affiliate of Channing Capital Management, LLC (“Channing”) announce a new strategic partnership.
- The alliance will enable Preserver to leverage the substantial resources of Channing to enhance business development and firm operations while Channing has acquired a passive minority stake in Preserver.
- Both will continue to manage their firms and funds independently and neither firm will have involvement in the other’s investment advisory decisions.
- View the full release here: https://www.businesswire.com/news/home/20231018326213/en/
“Today represents an exciting chapter for our firm, enabling Preserver to accelerate growth by partnering with Channing.