03/22/2017
When Hedge Funds Should Avoid Private Placement Life Insurance
Single-family offices, for example, continue to invest in hedge funds.
Alternative Investments
03/22/2017
Cantor buys San Diego ETF investment firm
"With this transaction, we continue the build out of our asset management business, which is an important element of the overall strategic direction of our firm,"
03/22/2017
Global banks the big winners in Canadian M&A push as companies, pension funds expand overseas pursuit
Enbridge’s US$28-billion acquisition of U.S.-based Spectra, announced last year, was the biggest outbound deal ever by a Canadian company.
03/22/2017
This Hedge Fund Manager Bets He Can Dull Your Sweet Tooth
Rob Goldstein’s Crave Crush mints temporarily make sugar taste awful.
03/21/2017
Dominion Diamond Surges on Offer by Billionaire
The bid carried a 36 percent premium to Dominion’s closing price on Friday.
03/21/2017
Hedge Funds Get New Benchmark Indexes with BRI Partners
BRI Partners has aligned with Wilshire Associates to calculate the daily price of the index
03/20/2017
Our Independent Advisory All-Stars
12 Who’ve Ranked in the Top 100 Independent Advisors for 10 Years Straight
03/20/2017
KKR, Canada's Caisse to buy U.S. insurance broker USI
The Caisse, Canada's second-largest public pension plan, is buying businesses to help it diversify from public equity and fixed income markets.
03/20/2017
Athene on the hunt for deals among hard-pressed European insurers
A lot of challenged companies out there, says chief executive James Belardi
03/20/2017
Wealth consolidator seeks £10m to accelerate buy strategy
Since 31 October AFH has made five acquisitions for a combined £2 million.
03/17/2017
European markets flat; G-20 meeting eyed; Tullow Oil down 15%
This was after news that it is launching £607 million $749 million rights issue at a 45 percent discount to its current share price as it tries to reduce its debt burden.
03/17/2017
Wilmington Trust Hires Ali Naqvi as Director of Business Development in Global Capital Markets
Wilmington Trust new director will focus on continued growth of corporate escrow and paying agent services in the Western U.S.
03/16/2017
Trump’s Trust Wants $35 Million for Park Avenue Condo
The top-floor duplex would be the most expensive sale in the building
03/15/2017
Paul Singer Is Reopening His Flagship Hedge Fund to New Capital
This fundraising method, which is atypical for the industry, allows managers to have money at the ready to make investments.
03/14/2017
Gores' Platinum Equity closes $6.5 billion investment fund
Investors in the fund include the $21.2 billion New Mexico State Investment Council, Santa Fe
03/09/2017
A.M. Best Revises Issuer Credit Rating Outlook to Positive for RBC Life Insurance Company
RBC Life maintains a favorable market position in Canada in the individual living benefits and group long-term disability insurance markets.
03/09/2017
Greyrock Capital Group Raises $275M For Fourth Fund
Greyrock launched its fundraising in the fall of 2016 and was assisted by placement agent CrossBay Capital
03/09/2017
Hedge funds adopt novel methods to hunt down new tech talent
Wall St tries coding competitions and data challenges to find new recruits
03/09/2017
The Benefits of the Canadian Model to Headline the Best Practices in Pension Fund Management at the 2017 Pension Bridge Annual Conference
Industry leaders will gather to discuss topics that will impact fiscal sustainability, risk allocation and various asset classes.
03/08/2017
After long struggle, Lebenthal sells stake to South Street Securities
Alexandra Lebenthal has sold a 49% stake in Lebenthal & Co., an iconic firm in in the municipal market, to South Street Securities. The sale comes as the firm has struggled to grow, shuttering a wealth management unit last summer that failed to take