Aston Hill completes purchase of Citadel Securities

Date: Monday, December 24, 2012
Author: Emily Perryman, HedgeWeek

Aston Hill Financial has completed its purchase of Citadel Securities, a provider of investment advice and services to private and institutional investors.

The deal was previously announced on 15 November.

Aston Hill is a diversified asset management company with a suite of retail mutual funds, closed end funds, private equity funds, hedge funds and segregated institutional funds. The company is also engaged in the administration of Argent Energy Trust. Aston Hill has offices in Calgary, Toronto and Halifax.

Citadel Securities is a full service investment dealer with its head office located in Halifax, Nova Scotia. It is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund.