Horizon Asset Management, Inc., Kinetics Advisers, LLC, and Kinetics Asset Management, Inc., the investment adviser to Kinetics Mutual Funds, Inc., together with various affiliated companies, announced today that they will merge, effective May 1, 2011. The combined company, Horizon Kinetics LLC, will have $9.8 billion in assets under management, and will remain dedicated to the implementation of its research-based value investing strategies.
| Org | Common People |
|---|---|
| FRMO Corporation | Murray Stahl, Jay Kesslen |
| Deutsche Bank Trust Corporation | Murray Stahl |
| The Minneapolis Grain Exchange, Inc. | Murray Stahl |
| Kinetics Mutual Funds, Inc. | Jay Kesslen |
| Types | Organization, Business, Private Company |
| Start date | 1994 |
| Website | https://horizonkinetics.com/ |