|By Marketwired .||
|December 3, 2013 10:39 AM EST||
TORONTO, ONTARIO -- (Marketwired) -- 12/03/13 -- Integrated Asset Management Corp. ("IAM") (TSX: IAM) today announced that it has completed its previously announced sale of its wholly-owned subsidiary, BluMont Capital Corporation, to Arrow Capital Management Inc.
IAM is one of Canada's leading alternative asset management companies with approximately $1.9 billion in assets and committed capital under management in real estate, private debt, managed futures and private equity as of December 3, 2013. This press release may contain forward-looking statements with respect to IAM and its products and services, including its business operations and strategy and financial performance and condition.
Although management believes that the expectations reflected in any such forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, including interest rates, business competition, changes in government regulations or in tax laws, and other factors discussed in materials filed with applicable securities regulatory authorities from time to time.