June 10, 2013

SBI Mutual Fund to Acquire Daiwa Mutual Fund Schemes

On June 5, 2013, SBI Mutual Fund announced that it had agreed to acquire the India-domiciled mutual funds of Daiwa Mutual Fund.  State Bank of India, SBI Mutual Fund Trustee Company and SBI Funds Management will assume the sponsorship, trusteeship and management and administration of the Daiwa Mutual Funds.

Continue reading...

June 10, 2013

Arrowpoint Partners Acquires Aster Investment Management

On June 4, 2013, Arrowpoint Partners announced that it had entered into an agreement to acquire Aster Investment Management, the advisor to the Meridian Growth, Meridian Value and Meridian Equity Income mutual funds.

Continue reading...

June 7, 2013

Amundi to Acquire Smith Breeden Associates

On June 3, 2013, Amundi Asset Management announced that it had reached an agreement to acquire Smith Breeden Associates, an institutional asset management firm.

Continue reading...

June 6, 2013

SVG Capital Completes Partial Sale of SVG Advisors to Aberdeen

On May 31, 2013, SVG Capital announced that it had completed the sale of 50.1% of SVG Advisors to Aberdeen Asset Management PLC (LSE:ADN) for £17.5 million in cash.

Continue reading...

June 6, 2013

Dyal Capital Partners Acquires Minority Stake in Capstone

On June 4, 2013, Bloomberg reported that Dyal Capital Partners, a private equity firm run by Neuberger Berman Group, had acquired a 20% stake in hedge fund manager Capstone Investment Advisors.

Continue reading...

Menu