Tyrus Capital to buy UK-based business of Tyndaris LLP
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LONDON (Reuters) - Monaco-based hedge fund Tyrus Capital said on Monday it had agreed to buy the UK-based business of Tyndaris LLP for an undisclosed sum in a deal that will nearly double Tyrus' assets under management to $2 billion (£1.56 billion).The deal will see Tyrus acquire Tyndaris' real estate lending strategy and convertible debt strategy, with around $900 million in assets. As part of the deal, which is subject to regulatory approval, Tyrus will take on 15 staff from Tyndaris.Tyrus,..