Also ups stake in Blue Ink Investments.

Sanlam Investments, the investment division of diversified South African financial service group Sanlam, has acquired full ownership of Swiss-based international fund of hedge fund manager, Octane Holdings. Sanlam Investments previously held a 50% stake in the company, which it acquired in 2002. As part of the same transaction, Sanlam also increased its shareholding in Blue Ink Investments, a local fund of hedge fund manager, from 50% (which it acquired in 2007) to 75%.

The aim of these deals is to strengthen Sanlam Investments' global hedge fund offering.  Johan van der Merwe, Chief Executive Officer of Sanlam Investments says that Sanlam's continued strong belief in the hedge fund industry had provided the strategic impetus for these purchases. Both Octane and Blue Ink are material players in their respective markets. The move also fits with the company's strategy of strengthening and diversifying its international offering to its clients.

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