The St. Louis-based company ended 2017 with 2,244 brokers in 391 offices, 36 fewer advisors in five fewer locations than at the end of 2016.
The transaction, which closed on December 29, 2017, underscores Infinity's long-term outlook for hedge fund solutions.
The closure of Jamison, one of the largest commodity-focused hedge funds, comes after several other big names have closed shop in recent months.
Clients will be able to transact an extensive suite of FX products while also enjoying access to pre- and post-trade services and BNY Mellon's market-leading collateral, funding and liquidity capabilities.
VanEck, founded and headquartered in New York, currently has assets under management of approximately USD 46 billion
Ackman also plans to go silent, at least for awhile, the people said, a major change in style for one of Wall Street’s most voluble investors.