February 23, 2011
Bryn Mawr to Acquire Wealth Management Group from Hershey Trust
On February 21, 2011 Hershey Trust Company announced that it had entered into a definitive agreement with Bryn Mawr Bank Corporation to sell its HTC Private Wealth Management Group business to Bryn Mawr Trust.
February 23, 2011
HDFC Acquires Minority Stake in Kaizen
On February 21, 2011, DealCurry.com reported that Housing Development Finance Corp. Ltd had purchased a minority stake in Kaizen Management Advisors Pvt., the company that advises Indian education-focused fund Kaizen Private Equity.
February 23, 2011
Palmer Square, Atlantic and Montage to Seed Cypress
On February 17, 2011 Palmer Square Capital Management announced that it had partnered with Atlantic Asset Management and Montage Asset Management to invest $30 million with long/short investment firm Cypress Capital Management.
February 23, 2011
BNY Mellon Asset Management Boutiques Launch Emerging Markets Strategy
On February 17, 2011 BNY Mellon Asset Management announced that Standish Mellon Asset Management Company LLC and The Boston Company Asset Management have launched a jointly managed Total Emerging Markets strategy.
February 23, 2011
IberiaBank to Acquire Florida Trust Company Business
On February 22, 2011 IberiaBank (NASDAQ: IBKC) announced that it had entered into an agreement with Bank of Florida Corporation to purchase certain assets of the Florida Trust Company.
February 22, 2011
Brookfield Asset Management Completes CDN $578 Million Offering
On February 15, 2011 Brookfield Asset Management Inc. (TSX: BAM.A) (NYSE: BAM) (EURONEXT: BAMA) announced that it had completed the sale of 17,595,000 Class A Common Shares.
February 18, 2011
Rothschild Backs Launch of Renshaw Bay
On February 17, 2011, Lord Rothschild’s RIT Capital Partners announced its participation in the launch of Renshaw Bay, a global alternative asset management and advisory firm established by Bill Winters.
February 17, 2011
Lightyear Capital Backs ING Clarion MBO
On February 15, 2011, ING Clarion Partners announced that its management team has partnered with Lightyear Capital, LLC to purchase the U.S. real estate investment management business of ING Clarion Partners from ING Group for $100 million.
February 17, 2011
ING to Sell REIM to CB Richard Ellis for $940 Million
On February 15, 2011 ING announced that it had agreed to sell most of its ING Real Estate Investment Management business to Los Angeles-based CB Richard Ellis Group for $940 million in cash.
February 16, 2011
Henderson Proposes to Merge its SRI Funds
On February 11, 2011, Henderson Global Investors announced that it is proposing to merge the £225 million Henderson Global Care Growth fund with the £107 million Henderson Industries of the Future Fund.