Cypress Holding has bought a majority holding in Global Alliance Value Investors, a large-cap value money management firm with about $100 million in private client assets under management. Terms were not disclosed. Cypress will provide Global Alliance with the marketing and distribution support it needs to break into the institutional market, said Nancy Tengler, Global Alliances chief executive and chief investment officer. "We maintain our autonomy and have some ownership in their company as well. The only way I was going to do this was if we were part of the team and had incentives, Ms. Tengler said. The addition of Global Alliance brings Cypress total assets under management to $2.8 billion.