Bastion Asset Management Inc. Risk Report

🛡️ Financial & Liquidity

Bastion Asset Management Inc. has been active in mergers and acquisitions, highlighting their strategic movements in financial and liquidity management. The firm has engaged multiple times in closing substantial fiscal facilities and was recently acquired, which are critical to understanding their financial positioning.

• Mesirow acquired Bastion Management Inc. to expand alternative investment capabilities 🗓 January 6, 2025.
• Bastion Management closed a $60 million facility with HFD 🗓 March 26, 2024.
• Bastion Management secured a $50 million facility with Cashco Financial 🗓 May 2, 2024.
• Bastion Management and Hudson Cove closed a $100 million facility with NexGen Financial Inc. 🗓 April 18, 2023.

⚖️ Legal & Regulatory

Bastion Asset Management has faced regulatory challenges, notably a significant fine related to trading practices. This presents a critical compliance and reputational risk that the firm needs to address to maintain its standing.

• Bastion Capital fined £2.45 million in FCA case related to Cum-Ex trading 🗓 September 25, 2023.