December 27, 2012

Allied World to Purchase Minority Stake in Aeolus Capital Management

On December 18, 2012, Allied World Assurance Company Holdings announced its purchase of a minority stake in Aeolus Capital Management, a Bermuda-based asset management company specializing in investments in the property catastrophe reinsurance and retrocession market. 

Continue reading...

December 27, 2012

Towry Group Limited Raises £35 Million of New Equity

On December 19, 2012, Palamon Capital Partners announced that its portfolio company Towry Group Limited had raised £35 million of new equity from two Palamon co-investors, AlpInvest Partners and Honeywell Capital Management.

Continue reading...

December 27, 2012

ING to Sell Malaysian Investment Management Business to Kenanga

On December 21, 2012, ING announced that it had reached an agreement to sell its 70% stake in ING Funds Berhad to Kenanga Investors Berhad, a Malaysian investment business listed on Bursa Malaysia in Kuala Lumpur and a wholly-owned subsidiary of K&N Kenanga Holdings Berhad.  In connection with the transaction, ING’s venture partner Tab Inter-Asia Services Sdn Berhad will also sell its 30% stake in the business to Kenanga Investors. 

Continue reading...

December 20, 2012

Carlyle Invests in NRP Energy Capital

On December 20, 2012, The Carlyle Group (NASDAQ:CG) announced that it had acquired a 47.5% revenue interest in NGP Energy Capital Management for $424 million.

Continue reading...

December 20, 2012

Sanlam Private Wealth Acquires Stratton Annette’s

On October 3, 2012, U.K.-based Sanlam Private Wealth announced that it had acquired Gloucester-based IFA firm Stratton Annette’s.

Continue reading...

December 20, 2012

BlackRock Acquires Deutsche Bank U.K. Real Estate Funds

On December 19, 2012, trefis.com reported that BlackRock (NYSE:BLK) had entered an agreement with Deutsche Bank (NYSE:DB) to acquire £335 million in U.K.-based real estate funds managed by Deutsche Bank’s RREEF unit.

Continue reading...

December 19, 2012

Wells Fargo Acquires 35% Stake in Rock Creek

On December 18, 2012, Bloomberg.com reported that Wells Fargo had acquired a 35% interest in hedge fund firm Rock Creek Group.

Continue reading...

December 18, 2012

Allied World to Acquire Stake in Aeolus

On December 18, 2012, Allied World Assurance Company Holdings announced that it will expand its Allied World Financial Services platform through the acquisition of a minority stake in Bermuda-based Aeolus Capital Management.

Continue reading...

December 17, 2012

Dexia Announces Sale of Dexia Asset Management to GCS Capital

On December 14, 2012, Dexia SA announced that it had signed a Share Purchase Agreement with GCS Capital to sell Dexia Asset Management for €380 million.

Continue reading...

December 14, 2012

Merrill Lynch to Transfer Shares in Mitsubishi UFJ Merrill Lynch PB Securities

 On December 13, 2012, Merrill Lynch Japan Securities Co., The Bank of Tokyo-Mitsubishi UFJ and Mitsubishi UFJ Securities Holdings Co. announced that Merrill Lynch will transfer its shares in Mitsubishi UFJ Merrill Lynch PB Securities Co., Ltd. to the remaining two Mitsubishi shareholders.

Continue reading...

Menu