ORIX To Acquire US Asset Manager

ORIX Corporation, a financial conglomerate, announced that the ORIX USA Corporation will acquire a majority interest in MIG Holdings, LLC, the parent company of Mariner Investment Group, a leading hedge fund and alternative investment manager. Mariner Investment Group, founded in 1992, manages $11.7 billion with 166 employees in NY, Boston, London and Tokyo. ORIX will focus its asset management business in the US.