04/28/2015
Israeli firm pays $13M for Fort Lauderdale’s Merrill Lynch Plaza
Israeli real estate firm Netz USA acquired the Merrill Lynch Plaza office building in Fort Lauderdale for $13.1 million
Alternative Investments
04/28/2015
Bermuda Promotes Captive Insurance to Canadian Industry
A 15-strong delegation of Bermuda industry, government and regulator representatives will take part in a Canada roadshow next week, targeting top-level executives and touting the corporate benefits of setting up a captive insurance company in Bermuda
04/28/2015
Generali division to focus on North American property/casualty
Generali Global Corporate & Commercial has launched a New York-based U.S. division to serve the North American property/casualty insurance market
04/28/2015
BlackRock, CEO Fink Send Mixed Messages on Short-Term Thinking
BlackRock CEO Laurence Fink recently fired off another one of his annual letters advising the world's top executives that they should quit it with the short-term thinking and tell activists to go pound sand
04/27/2015
Jana Partners’ Barry Rosenstein Has Different Take on BlackRock C.E.O.’s Missive
Laurence D. Fink, the chief executive of BlackRock, appeared to have been criticizing activist shareholders
04/27/2015
Millennium Hedge Fund, Quant Trader Plan Venture
First time Izzy Englander is creating a business with one of his portfolio managers
04/27/2015
PBS Wealth Management Consultants Moves to New Office, Rebrands
The new space allows the firm to support its business plan to add additional staff.
04/27/2015
How London man may have helped trigger the 'flash crash'
Just how big a role he played has been hotly debated since the federal complaint was unsealed earlier this week
04/27/2015
Why Hedge Funds Should Fear a Hillary Clinton Presidency
Most economists and pols consider raising the capital gains tax much higher a bad idea
04/27/2015
TPG Growth Closes Third Fund with $3 Billion in Capital Commitments
Growth III has a diverse investor base consisting of public and private pension funds
04/27/2015
Canada’s Whitecap Attracts Bank of Montreal as Investor for New Fund
For the first time, the venture-capital firm takes on outside investors as limited partners in a fund
04/27/2015
Sino Mercury Acquisition Corp. to Merge with Wins Finance Group Ltd.
Sino Mercury Acquisition Corp. a special purpose acquisition company, announced today that it has entered into a definitive agreement to merge with Wins Finance Group Ltd.
04/24/2015
BlackRock & Baillie Gifford fund Funding Circle
Fund managers' fascination with alternative lending demonstrated by US peer-to-peer lender Funding Circle raising £100 million.
04/24/2015
Interactive Brokers acquires online investing business pioneer
The transaction has been approved by both parties' respective boards and is expected to close in the second quarter of 2015. Terms of the deal were not disclosed.
04/22/2015
Lexington Capital Partners VIII Closes at $10.1 Billion
LCP VIII has been formed with commitments from over 300 investors
04/22/2015
DTZ mulls $2B bid for Cushman & Wakefield
DTZ is emerging as a front-runner in a bid to buy Cushman & Wakefield and claim the title of second largest commercial real estate firm in the world.
04/22/2015
Warehouses Become Hot Property for Investors
It’s never been trendier to be a warehouse.
04/21/2015
I Squared Capital closes infrastructure fund at $3 billion
I Squared Capital has raised $3 billion for its infrastructure fund
04/21/2015
Jon Corzine is reportedly staging his comeback...
The Journal's Julie Steinberg and Rob Copeland report that Corzine has discussed plans about starting a new fund and that it would be started from his personal wealth and a small group of outside investors.
04/21/2015
The Story Behind Southport Lane’s Collapse
An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers’ investments was built by a private equity firm in part on questionable assets and is now being dismantled