July 28, 2014

Ares Capital Prices Offering of 13.5 Million Common Shares

On July 28, 2014 Ares Capital Prices Offering of 13.5 Million Common Shares On July 16, 2014, Ares Capital Corporation (Nasdaq: ARCC) announced that it priced a public offering of 13.5 million shares of its common stock.

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July 28, 2014

RCS Capital Completes Acquisition of J.P. Turner

On June 13, 2014, RCS Capital Corporation (NYSE: RCAP) announced the closing of its acquisition of Atlanta, Georgia-based J.P. Turner & Company, and its affiliate J.P. Turner & Company Capital Management, in a cash and stock deal.

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July 28, 2014

KKR Acquires Interest in BlackGold Capital Management

On July 14, 2014, KKR & Co. L.P. (NYSE:KKR), a New York-based global investment firm, announced it will acquire a 24.9% interest in credit-oriented hedge fund manager BlackGold Capital Management.

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July 18, 2014

Freeman Reports on Financial Services M&A Activity in the First Half of 2014

On July 1, 2014, Freeman & Co. annonced its report of M&A activity in the financial services sector for the first half of 2014.

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July 18, 2014

Blackstone Funds Acquire Friends Life Wealth Management Units

On July 11, 2014, Friends Life Group Limited, a London-based life assurance firm, announced the disposal and proposed share buy-back of the entire share capital of its wholly-owned subsidiaries, Lombard International Assurance S.A. and Insurance Development Holdings AG, to funds managed by Blackstone Group LP for an initial consideration of £317 million.

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July 18, 2014

Boston Private Bank to Acquire Banyan

On July 16, 2014, Boston Private Financial Holdings Inc. (NASDAQ: BPFH) and Boston Private Bank & Trust Company announced the acquisition of Banyan Partners, LLC, adding approximately $4.3 billion in assets under management.

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July 18, 2014

Guaranty Bank and Trust Acquires Cherry Hills

Denver-based Guaranty Bank and Trust Company announced on July 16, 2014 that it had purchased Cherry Hills Investment Advisors, LLC for an undisclosed sum.

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July 14, 2014

StormHarbour Buys Stake in Asuka Asset Management

On June 24, 2014, Asuka Asset Management Co., Ltd. announced that StormHarbour Capital Advisors UK Ltd. would purchase 49 percent of its shares.

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July 14, 2014

Standard Life Acquires Ignis Asset Management

On July 1, 2014, Standard Life Investments (Holdings) Limited announced the completion of its acquisition of Ignis Asset Management Limited for £390 million.

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July 14, 2014

U.S. Global Increases Stake in Galileo

On June 30, 2014, U.S. Global Investors, Inc. (Nasdaq: GROW) announced that it had completed its purchase of an additional 15 percent interest in Galileo Global Equity Advisors, Inc., bringing its total ownership of Galileo to approximately 65 percent.

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