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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

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.

Continue reading...

Menu