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.
Alternative Investments
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
03/08/2017
ATLAS Mara Limited: Atlas Mara finalizes $40M debt facility with OPIC
Atlas Mara finalizes US$40 million Fintech and Financial Inclusion Debt Facility with OPIC
03/08/2017
Maverick Real Estate Partners Closes Fourth Distressed Debt Fund with $75 million, Reaching Hard Cap
The fund is now closed to new investors.
03/08/2017
Cowen Prime Services Named Best Global Prime Broker at the 2017 Hedgeweek Awards
This award reflects our unwavering commitment to clients and the prime services industry.
03/07/2017
SEI Canadian Funds Recognized for Award-Winning Performance in 2016
"We design our portfolio strategies to help investors at every stage of life reach their goals," said Andy Mitchell , Managing Director of SEI Canada.
03/07/2017
Pi Capital Announces South Street Securities to Acquire Lebenthal Businesses, Expanding South Street Securities' Capital Markets and Asset Management Capabilities
The Boards of Directors of both South Street and Lebenthal have approved the agreement.
03/07/2017
Fidelity Taps David Canter to Lead RIA Biz
He spearheaded many practice management initiatives, including the M&A Leaders Forum and M&A reports, RIA Benchmarking.
03/07/2017
Agecroft wins 2017 Best Hedge Fund Marketing Firm award
Agecroft’s has been to build a global brand with a reputation as an industry thought leader, strong institutional investment knowledge and representing very high quality managers.
03/06/2017
Line between core, core-plus investments blurring
Definition of segment changing as investors look for more return
03/06/2017
KKR Closes $13.9 Billion Americas Private Equity Fund
The predecessor fund of Americas XII, KKR North America Fund XI began investing in late 2012 and is now fully deployed.
03/05/2017
New York City Comptroller Revamps Bureau of Asset Management
The comptroller’s office is addressing oversight concerns at New York City Public Pension Funds