IAM intends to continue to operate the company formed as a result of the amalgamation as BluMont.
Before announcing its plans to acquire BluMont in May 2006, IAM held a 46.1% stake in the firm.
Toronto-based IAM is an alternative asset management company with approximately $3 billion in assets and committed capital under management in private debt, private equity, managed futures, real estate and hedge funds.
To comment on this story email craig.sebastiano@rci.rogers.com.