Third Point Acquires AS Birch Grove
December 26, 2024
Third Point, an alternative investment manager, entered into a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. Upon closing, American Securities will no longer own Birch Grove, which will become a subsidiary of Third Point, expanding Third Point’s credit capabilities and complementary credit product offerings.
- Buyers
- Third Point, Third Point LLC
- Targets
- AS Birch Grove LP
- Sellers
- American Securities
- Platforms
- Third Point
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
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