Venture Capital
Hedge fund investment firms KKR Prisma and Pacific Alternative Asset Management Company have closed their merger to form PAAMCO Prisma Holdings. No financial terms were disclosed. Also, Jane Buchan will remain as CEO of the PAAMCO business while Girish Reddy will be CEO of the Prisma business. And, Buchan and Reddy will be co-CEOs of the holding company PAAMCO Prisma. IRVINE, Calif. and NEW YORK, June 1, 2017 /PRNewswire/ — KKR and Pacific Alternative Asset Management Company, LLC (“PAAMCO”) today announced the completion of their strategic transaction to combine PAAMCO and Prisma Capital Partners LP (“Prisma”) to create PAAMCO Prisma Holdings, LLC...