Bear Stearns Asset Management Company Description
If Bear Stearns Asset Management (BSAM) had been overseeing Goldilocks' finances, maybe she wouldn't have had to steal that porridge. BSAM, a subsidiary of Bear Stearns, provides equity and fixed-income investment management services, as well as hedge funds, private equity, and funds of funds. BSAM has more than $43 billion of assets under management, most of it on behalf of corporate clients, which represent more than 60% of its customers. Other customers include pension plans, endowments, foundations, labor unions, and high-net-worth individuals. Parent Bear Stearns was acquired by JPMorgan Chase in 2008 after it suffered heavily from its investments in the subprime mortgage market.
View the Comprehensive Company Description for Bear Stearns Asset Management
The Company Description provides a historical perspective of Bear Stearns Asset Management's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Bear Stearns Asset Management's evolution in the marketplace.
