July 30, 2009
Citi to Sell Nikko Asset Management to Sumitomo Trust
Citigroup Inc. announced that it has reached a definitive agreement to sell its entire ownership interest in Nikko Asset Management to The Sumitomo Trust and Banking Co., Ltd.
July 24, 2009
Liberty International Gets Shareholder Consent to Acquire Pearl
Liberty Acquisition Holdings (International) Company (Euronext: LIAC), a special purpose acquisition company (SPAC), announced that its shareholders have approved the acquisition of funds management and insurance company Pearl Group Ltd.
July 23, 2009
Managers Acquire Babcock & Brown European Infrastructure Fund
Arcus Infrastructure Partners LLP has acquired the €2.2 billion ($3.13 billion) Babcock & Brown European Infrastructure Fund.
July 22, 2009
Investment Banks
The following are investment banks with a specific industry focus on investment management firms: Barclays CapitalContact: Janis Vitols or Vishal Sheth(janis.vitols@barclays.com;212-526-5098)(vishal.sheth@barclayscapital.com;212-526-3566) …
July 16, 2009
Lazard Ltd. Acquires The Edgewater Funds
Lazard Ltd. (NYSE: LAZ) acquired the management vehicles of The Edgewater Funds to establish a Chicago-based middle market private equity management business.
July 14, 2009
About IM Deals SM
Mission Statement: IM DealsSM follows developments relating to mergers and acquisitions, joint ventures, private equity and venture capital investments, financings and seed deals involving firms in the investment management industry and is a service of Seward & Kissel’s Business Transactions Group. Our attorneys represent investment management industry clients in all…
July 9, 2009
Event- Charles Schwab Hosts Transition Planning Workshop
Charles Schwab & Co. is hosting a two day conference entitled "Transition Planning Workshop: Mergers, Acquisitions and Succession Planning" on July 9-10, 2009 featuring David DeVoe, Kelli Cruz and Loren Morris of Charles Schwab, Elizabeth Nesvold of Silver Lane Advisors and other speakers. For more information, go to…
July 9, 2009
Hatteras Funds to Acquire Alternative Investment Partners
Hatteras Funds announced an agreement to acquire a controlling interest in Alternative Investment Partners, a provider of open-end mutual funds of hedge fund strategies.