August 15, 2012

Scotiabank to Acquire Majority Stake in Colfondos

 On August 14, 2012, Scotiabank (NYSE:BNS, TSX:BNS) announced that it had entered an agreement to acquire a 51% stake in Colombian pension fund company Colfondos AFP.

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August 13, 2012

3i Announces Strategic Investment in U.S. Debt Manager

On August 2, 2012, RTTNews.com reported that 3i Group Plc had announced that it will grow its debt management business through a strategic transaction with WCAS Fraser Sullivan Investment Manager, LLC. 

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August 13, 2012

C-QUADRAT to Acquire UK Fund Manager

On July 2, 2012, C-QUADRAT Investment AG announced that it had signed a term sheet to acquire 100% of the shares of BCM (Luxembourg) SA, including the fund management company BCM & Partners LLP.

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August 13, 2012

Erste Acquires Hungarian Private Banking Unit

On August 10, 2012, Business New Europe reported that Erste Group Bank’s Hungarian arm had acquired a Hungarian private banking unit from BNP Paribas.

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August 13, 2012

Japan’s Dai-ichi Acquires Stake in Janus Capital

On August 10, 2012, Reuters.com reported that Japanese life insurer Dai-ichi Life had agreed to acquire up to 20% of U.S. asset management firm Janus Capital Group.

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August 9, 2012

Carlyle Group to Acquire TCW Group From Societe Generale

On August 9, 2012, The Carlyle Group announced that it had reached a definitive agreement to acquire The TCW Group asset management firm from Societe Generale. 

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August 9, 2012

CIBC to Acquire MFS McLean Budden’s Private Wealth Business

On August 7, 2012, CIBC announced that its wealth division will acquire MFS McLean Budden’s Private Wealth business.

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August 6, 2012

KBC Group Sheds European Private Banking Division

On August 3, 2012, Citywire Global reported that KBC Group had sold its European private banking division, including French boutique KBL Richelieu Gestion, to a Qatari investment group for €1 billion.

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August 6, 2012

Behringer Harvard and Prospect Capital Launch JV

On July 31, 2012, Behringer Harvard Holdings and Prospect Capital Management announced the launch of a joint venture focusing on the development, management, and distribution of alternative investment programs. 

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August 6, 2012

Affiliated Managers Group Files Supplemental Prospectus

On August 3, 2012, Affiliated Managers Group (NYSE: AMG) filed a prospectus supplement with the SEC relating to the issuance and sale of $200 million of 6.375% senior notes due in 2042.

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