April 29, 2011
BNY Mellon to Acquire Talon Asset Management
On April 28, 2011, Reuters.com reported that Bank of New York Mellon Corp’s wealth management unit has agreed to buy Chicago-based Talon Asset Management’s wealth management business.
April 29, 2011
Caxton Partners with Wadhwani Asset Management
On April 27, 2011, Caxton Associates Partners announced that it agreed to take a minority interest in London-based hedge fund manager Wadhwani Asset Management.
April 29, 2011
Ziegler Capital to Acquire Lotsoff Capital
On April 28, 2011, Chicago-based Ziegler Capital Management announced that it will acquire Lotsoff Capital Management in early June.
April 28, 2011
Eurazeo to Acquire OFI Private Equity
On April 26, 2011, Eurazeo announced that it had agreed to acquire NYSE and Euronext-listed OFI Private Equity Capital.
April 28, 2011
Syndicate Sells Fixed Income Businesses to Hume Capital
On April 27, 2011, Syndicate Asset Management Plc announced the sale of its subsidiary, EPIC Investment Partners Limited, to Hume Capital LLP for up to £2.1 million.
April 28, 2011
TA Associates To Acquire Majority Stake in Stadion
On April 26, 2011 Boston-based private equity firm TA Associates announced that certain of its private equity funds have agreed to acquire a 54.4% interest in Stadion Money Management.
April 27, 2011
Tactico Acquires Westmount Markets
On April 15, 2011, Tactico Inc. announced the acquisition of Westmount Markets Inc, a Canadian portfolio management firm.
April 25, 2011
Principal Global to Acquire Majority Stake in Finisterre Capital
Principal Financial Group, Inc. (NYSE:PFG) announced on April 18, 2011 that its subsidiary, global asset manager Principal Global Investors, LLC, has agreed to acquire majority stakes in London-based Finisterre Capital, LLP and Finisterre Holdings Limited for up to $115 million.
April 25, 2011
First Horizon to Sell Highland Capital
On April 13, 2011, the Memphis Business Journal reported that First Horizon National Corp. (NYSE: FHN) has agreed to sell investment advisory firm Highland Capital Management LLC to Steven Wishnia, the unit’s president.
April 25, 2011
BofA to Spin Off Private Equity Unit
On April 20, 2011, Reuters.com reported that Bank of America Corp. plans to spin off its $5 billion private equity unit.