van Eyk sale process begins
van Eyk's administrator is seeking expressions of interest for the research group's assets, including its portfolio construction product, iRate.
The call comes two days after the research group went into voluntary administration.
Administrator Trent Hancock, of Moore Stephens Sydney Corporate Recovery Group, hopes opening the business to potential offers will be the best pathway for high investment returns for creditors.
"The core business and assets of van Eyk Research remain valuable and highly regarded, to the extent that we have fielded a large number of informal expressions of interest through the course of this week," he said.
It will be accepting expressions of interest up until 23 September.
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
