Hedgeye Risk Managament announced that it has acquired Washington, DC-based Potomac Research Group (PRC), a research firm focused on providing Washington policy analysis to institutional investors. PRG's clients include pension funds, hedge funds, mutual funds and private equity firms who use their research to make better investment decisions. The company's analysts are focused on highly-regulated sectors including healthcare, defense, energy, technology and telecommunications.
Hedgeye CEO Keith McCullough comments: "This is a perfect marriage between public policy and fundamental research, with each augmenting the other. Suzanne Clark has assembled a world-class team of thought leaders at PRG. So, it's a win-win for both companies, and it's a big win for all of our customers who immediately gain an unparalleled edge in gauging the investing implications of Washington policy."
Deal terms were not disclosed.
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