Garrison Financial Corp. acquired derivatives consulting firm Tahoe Advisers for an undisclosed sum, according to Steve Braverman, former managing director of Tahoe and now executive vice president of Garrison.
Garrison officials were attracted to Tahoe's risk management capabilities and its ability to customize risk management strategies for institutional investors, family offices, boutique investment managers and others, Mr. Braverman said.
The firm's derivatives consulting covers areas including risk management strategies, custom equity and index product creation, interest rate risk management and hedge fund overlay, and risk management strategies.