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Alternative Investments

03/03/2016

Morgan Stanley Investment Management Raises $3.6 Billion for its Second Global Infrastructure Fund and Assembles a $2.2 Billion Co-investment Club Consisting of a Group of the Fund’s Investors

The team has also assembled a co-investment club consisting of a group of NHIP II’s investors with a nominal amount of up to $2.2 billion for a total of $5.8 billion of available capital to invest in the infrastructure sector.

03/03/2016

Qatar Investment Authority inks $1.34bn deal to buy Los Angeles offices

The four ‘class A’ buildings are in Westwood, a West Los Angeles district that borders Beverly Hills.

03/03/2016

50 South Capital to buy Aurora Investment Management

The acquisition is subject to customary closing conditions and is anticipated to close in the third quarter of 2016.

03/03/2016

Marsh & McLennan Agency Acquires Celedinas Insurance Group in Florida

MMA is a subsidiary of Marsh established in 2008

03/02/2016

Network International to Buy Emerging Markets Payments Group

Dubai-based company paying over $300 million to expand in Middle East and Africa

03/02/2016

Washington Park Advisors Launches on tru Independence Platform

Their primary investment philosophy revolves around the absolute level of earnings rather than the velocity of the growth of earnings.

03/02/2016

Ironshore launches new $1m private insurance portfolio

Ironshore’s personal lines policy will be available for high net worth homeowners with properties valued in excess of $1 million.

03/02/2016

Ex-Morgan Stanley banker hopes to raise $1bn for new fund

He tried to raise a smaller version of the fund four years ago but put those efforts on hold as he launched DBO.

03/02/2016

Bank of America Developing Trade Finance Blockchain Pilot

Tiede also said that this particular pilot program is being developed in private

03/02/2016

Brazil's Oi hires PJT Partners to renegotiate debt

Rothschild, which Oi hired last year to improve the company's debt profile, will negotiate with local lenders

03/01/2016

Ironshore launches new $1m private insurance portfolio

Pennsylvania and Georgia will be the first states approved for new business effective March and April 2016

03/01/2016

Sovereign Funds Sold Equities Across the Board in 2015, Fleeing Broad Indices

Over $17 billion was withdrawn from global equity mandates

02/29/2016

Gatehouse completes portfolio acquisition of ten select service hotels in the US

This acquisition marks Gatehouse's second investment into the select service hospitality space, following its acquisition in 2014 of a Marriott Residence Inn located in Midtown, Manhattan.

02/29/2016

Financial advisors at Maynard's Centinel Financial Group named 2016 Five Star Wealth Managers

Five Star Professional identifies wealth manager award candidates through firm nominations, peer nominations and industry qualifications.

02/29/2016

New York real estate continues to slow as dollar gains strength

For the overall market, slower price growth and longer time on market isn’t necessarily a sign that prices will drop

02/29/2016

Instinet named Best Cross-Asset Trading Solution by Wall Street Letter

Last year, Instinet was awarded Best Algorithmic and Crossing Network Provider by WatersTechnology

02/26/2016

A burgeoning group aims to crash N.Y.C.'s hedge fund parties

Founded in early 2015, the Hedge Clippers differ from Occupy Wall Street in the sense that it solely targets hedge funds.

02/26/2016

NorthStar Realty Hires UBS to Aid on Possible Recombination

NorthStar Realty shares jumped 16 percent

02/26/2016

MetLife’s Advisor Force May Go to MassMutual

MetLife’s captive brokerage operations have gone through several upheavals in recent years.

02/26/2016

AMMB's 3Q net profit drops 27.96% on lower income

For the nine months ended Dec 31, net profit came in 26.96% lower at RM1.02 billion against RM1.4 billion a year ago.

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