Nicola Horlick’s takeover approach for the alternative investment company managed by her firm has been rebuffed by the board. Horlick’s Petersfield Asset Management emerged last week as the company behind an approach for Bramdean Alternatives; no price or terms were disclosed. On Monday, Bramdean’s board said it would terminate talks with Petersfield and Horlick over any proposed offer. But Petersfield is not withdrawing its approach, meaning that Bramdean remains in an offer period.

This entry was posted by Gwen Robinson on Tuesday, June 16th, 2009 at 5:11 and is filed under Capital markets, Hedge funds, People. Tagged with Bramdean, nicola horlick, Petersfield. Edit this entry.