is about to make his second acquisition, and he may do more.
| Robert F. Behan|
President, Head of Global Distribution
"We'd be open to it, sure," new Calamos Investments
] president Bob Behan
. ""We'll just keep our options open."
Behan says that Calamos will be opportunistic about deals. He says that the shop has "about $350 million on the balance sheet," ample dry powder for more M&A.
"We're in a very, very unique position for a firm our size," Behan says. "Calamos is in a very strong financial position."
In the meantime, Calamos is about to buy San Francisco-based Phineus Partners
, an active, global, long/short hedge fund. The deal is slated to close by the end of the month.
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