In January 2006, ABN/aMRO Asset Management announced the acquisition of International Asset Management ("IAM") , a London- and New York-based fund-of-hedge funds manager with approximately US$2.6 billion of assets under management. Financial terms of the transaction were not disclosed.

ABN/aMRO Asset Management's existing fund-of-hedge fund operations will be combined with IAM, forming a business with over US$4.0 billion of assets under management.

Canaccord Genuity acted as sole financial advisor to ABN/aMRO Asset Management on the transaction, which concluded over 8 months of work with the client, from our initial target search to the execution of the buy-side engagement.