Conyers advises Concordia with respect to the acquisition by Mariner

Conyers Dill & Pearman has acted on behalf of Concordia Advisors (Bermuda) Ltd in respect of the acquisition by Mariner Investment Group of the investment funds business operations of Concordia.

Mariner Investment Group manages approximately $10.2bn of assets together with its associated advisers and employs approximately 180 employees in New York, Boston, London, Tokyo, Seoul, Philadelphia, Harrison (NY) and Rowayton (CT).

The Concordia Group, an alternative manager with $1bn in assets under management, was founded in 1993 and previously managed a number of commingled funds and separate managed accounts with a focus on relative value trading.

Mariner has absorbed substantially all of Concordia’s business operations, providing IT, risk management, back office, marketing, investor relations, legal, compliance and other business services to the Concordia Group of Funds.