July 30, 2012

Credit Suisse Sells Final 7% Stake in Aberdeen

On July 3, 2012, Foxbusiness.com reported that Credit Suisse Group AG (NYSE:CS) had sold its remaining 7% stake in Aberdeen Asset Management PLC (LSE:ADN) for £200 million.

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July 23, 2012

New demands on State Street’s capital cushion

This July 19, 2012 article by Kiah Lau Haslett in SNLFinancial quotes Seward & Kissel partner Jim Abbott on State Street Corp’s proposed acquisition of Goldman Sachs Group’s hedge fund administration business, continuing the consolidation trend in hedge fund servicing. To read this article, please Click…

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July 23, 2012

Julius Baer Group Enters Strategic Partnership with Bank of China

On July 23, 2012, Julius Baer Group AG announced that it had entered into a strategic collaboration agreement with Bank of China, whereby the partners will cross-refer private banking clients and engage in joint marketing activities.  In addition, Bank of China (Suisse) SA will be integrated in Bank Julius Baer.

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July 19, 2012

Henderson Acquires Horizon Investment Management France

On July 17, 2012, Henderson Group plc announced that it had acquired real estate-focused asset management firm Horizon Investment Management France.

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July 19, 2012

IOOF to Take Over Plan B

On July 13, 2012, The West Australian reported that IOOF will takeover advisory firm Plan B for $49.1 million.

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July 19, 2012

Mariner Acquires Orizon Wealth Management Unit

On July 9, 2012, Mariner Wealth Advisors announced that it had acquired a majority interest in the wealth management division of Omaha, Nebraska-based Orizon Investment Counsel.

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July 13, 2012

Conversus Sells Private Equity Interests to HarbourVest

On July 2, 2012, HarbourVest Partners announced that HarbourVest-managed funds and HarbourVest Global Private Equity Limited had agreed to acquire all of Conversus Capital L.P.’s private equity interests for $1.4 billion.

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July 13, 2012

Treasury Group Purchases 20% Stake in Octis Asset Management

On July 11, 2012, Treasury Group Limited (ASX:TRG) announced that it had acquired a 20% equity stake in Octis Asset Management.

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July 11, 2012

LPL Financial Acquires Veritat Advisors

On July 10, 2012, LPL Financial Holdings Inc. announced that its subsidiary NestWise LLC will acquire Veritat Advisors, Inc.

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July 11, 2012

KPMG Investment Management M&A Monthly

KPMG published the June 2012 edition of its Investment Management M&A Monthly report on activity and news relating to investment manager M&A. To read this publication, please click here.

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