Legg Mason buys hedge funds-of-funds manager Fauchier
Pensions & Investments
... December 13, 2012 3:50 pm. Comments. Legg Mason (LM) will acquire Fauchier Partners from BNP Paribas Investment Partners and combine it with its subsidiary Permal Group to create a $24 billion hedge funds-of-funds money management unit.
Reuters – Legg Mason Buys Fauchier Partners