Emerald Asset Management and 1251 Capital Group announced on July 19, 2018 that they have agreed to form a partnership between Emerald and 1251 to position Emerald for future growth by enhancing the Emerald team and its line-up of investment products. The transaction is expected to close on or about September 30, 2018. After the transaction closes, current Emerald management will continue to run the company and maintain operating independence in the day-to-day decisions, including but not limited to investment process and function. Emerald believes that this partnership significantly strengthens Emerald and positions the Company for continuing future success and stability. Read more here

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