NEW YORK, June 17, 2020. Pursuant to the agreement, AllianceBernstein L.P. (“AB”) acquired AnchorPath Financial, LLC (“AnchorPath”) during the second quarter of 2020. While the financial terms of the transaction are not yet disclosed, it added more than $400 million worth of assets under management (AUM) to the company’s books. AnchorPath, an investment management firm founded in 2009, has … AllianceBernstein has absorbed the AnchorPath Financial team, who has now become part of AB’s Multi-Asset Solutions business. AllianceBernstein Acquires AnchorPath AllianceBernstein Acquires AnchorPath. AllianceBernstein acquired investment manager AnchorPath Financial, confirmed AB spokeswoman Jennifer Casey in an email.. Financial terms of the deal were not disclosed. On June 17, 2020, AllianceBernstein L.P. disclosed they acquired AnchorPath Financial, LLC earlier during the second quarter of 2020. AllianceBernstein L.P. (NYSE: AB), a leading global investment management firm, today announced that AB acquired AnchorPath Financial, LLC earlier during the second quarter of 2020. (RTTNews) - AllianceBernstein L.P. said that it acquired AnchorPath Financial, LLC earlier during the second quarter of 2020. AllianceBernstein L.P. ("AB"), a leading global investment management firm, today announced that AB acquired AnchorPath Financial, LLC earlier during the second quarter of 2020. AnchorPath has developed a cost-effective strategy that integrates proprietary, pro-active risk control while providing liquidity, and transparency. This includes AnchorPath principal Marshall Greenbaum, who has worked for 20 years with US insurers offering them risk protected solutions. AnchorPath, an investment management firm founded in 2009, has AnchorPath is an investment management firm founded in 2009. June 19, 2020. NEW YORK, June 17, 2020 AllianceBernstein L.P., a leading global investment management firm, today announced that AB acqu... AllianceBernstein Acquires AnchorPath Research: Stocks: News Story On June 17, 2020, AllianceBernstein L.P. announced that it acquired AnchorPath Financial, LLC. PR Newswire. AllianceBernstein Acquires AnchorPath June 17, 2020 NEW YORK , June 17, 2020 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment management firm, today announced that AB acquired AnchorPath Financial, LLC earlier during the second quarter of 2020. AllianceBernstein Acquires AnchorPath. While the … AllianceBernstein L.P. — in which AllianceBernstein Holding AB owns nearly 36% stake — has acquired Stamford, CT-based AnchorPath Financial, LLC. AllianceBernstein L.P. — in which AllianceBernstein Holding AB owns nearly 36% stake — has acquired Stamford, CT-based AnchorPath Financial, LLC. AnchorPath is an investment management firm founded in 2009.
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