Investment Management Deals Blog
Pavilion Financial Corporation announced on May 29, 2014 that it had agreed to acquire investment consulting firm LP Capital Advisors.
On May 22, 2014, moneymarketing.co.uk reported that Tavistock Investments had acquired IFA firm County Life & Pensions as well as investment manager Blacksquare, in two separate deals.
On May 20, 2014, Financial Times reported that the London Stock Exchange Group is in exclusive negotiations with Northwestern Mutual regarding a potential acquisition of Russell Investments.
On May 20, 2014, Bloomberg.com reported that California State Teachers’ Retirement System had made its first hedge fund seed investment by committing $200 million to Legion Partners Asset Management.
On May 16, 2014, reuters.com reported that Swiss private bank Banque Cramer & Cie will acquire the wealth management business of Valartis Group in a cash and stock deal.
On May 15, 2014, theaustralian.com reported that Euroz Limited (ASX: EZL) had agreed to acquire Blackswan Equities, expanding its wealth management business.
On May 19, 2014, chinadaily.com reported that Nomura Holdings Inc. will set up a joint venture in the China (Shanghai) Pilot Free Trade Zone with three Chinese companies.
On May 12, 2014, reuters.com reported that Dymon Asia Capital had received a $500 million commitment from Temasek Holdings to start a hedge fund seeding venture.
On May 19, 2014, AFH Financial Group plc (LSE: AFHP) announced the acquisition of the assets of Norwich-based Omega Consult Ltd.
KPMG published the April 2014 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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