Constellation Financial Management Co., the company that pioneered the mutual fund fee sector, is expecting to announce a deal in the upcoming weeks that will definitely be "bigger than the last one," said Pat McAllister, a principal with the company.

The five-year old New York-based company was founded by Tom Mann and Mark Garbin for the purpose of providing off-balance-sheet finance to mutual fund companies and insurance companies to pay for back-end loan distribution expenses.

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