March 31, 2011

Apollo Global Management Prospectus Filed

Private equity firm Apollo Global Management, LLC filed its final IPO prospectus with the SEC on March 30, 2011.

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March 31, 2011

Institutional Financial Markets Sells Strategos

On March 29, 2011, Institutional Financial Markets, Inc. (NYSE AMEX: IFMI) announced the sale to management of its investment advisory agreements relating to the Strategos Deep Value Funds, a series of closed-end distressed debt funds.

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March 31, 2011

AllianceBernstein to Acquire Full Ownership of Australian Business

On March 29, 2011, moneymanagement.com reported that AllianceBernstein LP will acquire the remaining 50% stake in AllianceBernstein Australia Ltd., in which it is an equal joint venture partner with AXA Asia Pacific Holdings Ltd.

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March 30, 2011

Apollo Completes IPO

Private equity firm Apollo Global Management, LLC announced on March 29, 2011 that its IPO of 29,757,559 Class A Shares was priced at $19 per share.

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March 29, 2011

Man Group Increases Stake in Ore Hill to 100%

On March 29, 2011, Man Group plc announced that it has agreed to acquire an additional 50% stake in Ore Hill Partners LLC and Ore Hill Partners Capital Management LLC for $18 million in stock consideration, giving it full ownership.

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March 28, 2011

Allianz and Banco Popular Form JV in Spain

On March 24, 2011, Allianz SE announced that it will strengthen its strategic partnership with Banco Popular.

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March 28, 2011

United Capital Acquires Vantage Point Advisors

On March 24, 2011, Investment News reported that United Capital Financial Advisers had acquired the $170 million financial planning firm Vantage Point Advisors.

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March 24, 2011

Brookfield Acquires European High Yield Business from Paul Mall

On March 21, 2011, Brookfield Investment Management (UK) Limited announced that it had acquired the European high yield fund management business of Pall Mall Investment Management Limited.

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March 24, 2011

BlueCrest Buys Out Man Group’s Stake

On March 22, 2011, Man Group plc announced that it had agreed to sell its 25% minority stake in BlueCrest Capital Management back to BlueCrest for $633 million.

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March 23, 2011

Adviser Investments to Acquire E*Trade’s Kobren Insight

On March 22, 2011, financialplanning.com reported that E*Trade had agreed to sell wealth manager Kobren Insight Management to Adviser Investment Management in a leveraged buyout financed by a minority equity investment by Fiduciary Network.

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