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Alternative Investments

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

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.

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