07/13/2015
Aegon to divest Clark Consulting for $177.5m
The deal will allow Aegon to increase its risk-return profile and improve capital efficiency
Alternative Investments
07/12/2015
Hedge Funds Starboard and Third Point Find Ways to Play Alibaba
Starboard Value’s push to have Yahoo spin off its Alibaba stake is just one way that hedge funds are playing the Chinese e-commerce giant.
07/10/2015
Ex-Manager at Waddell & Reed, Others Form Investment Firm
Ryan Caldwell will use multiasset approach he employed at Ivy Asset Strategy
07/10/2015
Goldsmith teams up with Stone Point to form Cross Ocean Partners
I am thrilled to partner with Stone Point to launch Cross Ocean and feel fortunate to be back in partnership with Steve Zander and his outstanding team
07/10/2015
Griffin Institutional Access Real Estate Fund Celebrates Its First Year
The Fund is currently invested in 10 institutional private real estate funds
07/10/2015
Former Ivy Funds Manager Launches Chiron Investment Management
He has formed Chiron together with New York-based investment partnership GPS Partners that invests strategic capital into in public securities
07/10/2015
Pot Is Now a Full-Fledged Service Industry
Other hot trends in the industry include laboratories for product testing, as states are beginning to require product potency
07/09/2015
Ex-Manager at Waddell & Reed, Others Form Investment Firm
Mr. Caldwell will run Chiron's investments as chief investment officer, while the GPS founders will manage Chiron's business operations.
07/08/2015
Blackstone favourite in Morgan Stanley's $8.9b Investa real estate
A final shortlist of two bidders for Morgan Stanley's nearly $2.5 billion portfolio of Investa-managed office towers could be revealed within days
07/08/2015
Private equity’s dirty little secret: why operating partners don’t make sense
The role of operating partner has been around for decades in PE.
07/08/2015
Private Advisors Closes 6th Small Company Private Equity Fund
Private Advisors and its employees, along with parent organization New York Life, committed approximately $51 million, demonstrating alignment with investors and continued confidence in the strategy.
07/08/2015
Ex-SAC Money Manager Orwicz Joins Hedge Fund Firm Deimos
Deimos was formed this year after a management buyout of Guggenheim Partners’ multistrategy hedge fund business and is led by Patrick Hughes, Loren Katzovitz and Mark Standish.
07/07/2015
First Trust Nasdaq CEA Cybersecurity ETF Launches on the Nasdaq Stock Market
New ETF Tracks the Nasdaq CEA Cybersecurity Index
07/07/2015
Carlyle Group Finding Good Buys in Market With High Valuation
Rubenstein said the market will continue to grow because private equity gets good rates of return for investors.
07/07/2015
Gold Frontiers Partners with Computershare for Worldwide Escrow Services
Financial software and services firm Gold Frontiers announces its engagement of Computershare, one of the largest transfer agents in the world
07/06/2015
Plan for TriMas spinoff: Eye small acquisitions
Even in its first few hours as a public company last week, the new Horizon Global Corp. spinoff from Bloomfield Hills-based TriMas Corp. was already chasing several acquisitions.
07/06/2015
Great American Capital Partners Closes $25 Million Term Loan to RadioShack
General Wireless intends to rebuild the RadioShack brand around a core product base to be sold alongside Sprint Corp. wireless products.
07/06/2015
Worldwide Facilities Receives Significant Investment from Lovell Minnick Partners
The company also has been successful in growing its proprietary program and managing general agency businesses.
07/03/2015
Silvercrest completes acquisition of Jamison
Silvercrest Asset Management acquires advisor for $11.3m
07/03/2015
CalPERS tries to get handle on management fees
CalPERS’ investment practices are getting scrutinized again, this time over the fees it pays to the investment firms that help manage its giant portfolio.