April 27, 2015

Family Office of Google’s Eric Schmidt Buys Stake in D.E. Shaw

On April 23, 2015 Hillspire LLC, an entity that serves as an investment vehicle for Google Inc. Executive Chairman Eric Schmidt and his family, bought a 20% stake in New York-based hedge fund firm D.E. Shaw Group.

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April 27, 2015

Lightyear Acquires Majority Stake in Wealth Enhancement Group

On April 21, 2015, PR Newswire reported that LightYear Capital LLC, a private equity firm specializing in financial services investing, announced that it had agreed to purchase a majority equity stake in Wealth Enhancement Group, an independent wealth management firm.

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April 27, 2015

Pioneer Investments and Santander Asset Management to Merge

On April 23, 2015, UniCredit announced that UniCredit, Santander Asset Management and affiliates of Warburg Pincus and General Atlantic signed a preliminary agreement to combine Pioneer Investments and Santander Asset Management.

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April 22, 2015

Classic Capital Joins Buckingham Asset Management

On April 20, 2015 Buckingham Asset Management, a firm of Focus Financial Partners, LLC, merged with New Jersey-based investment manager Classic Capital.

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April 20, 2015

Royal Bank of Scotland to Sell Luxembourg Fund Manager

On April 13, 2015 the Royal Bank of Scotland announced its plan to sell its Luxembourg-based fund management operations as part of its shift to focus more on UK based banking activities.

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April 20, 2015

CAPTRUST and Pensionmark Announce Strategic Partnership

On March 16, 2015 CAPTRUST Financial Advisors announced a strategic partnership with Pensionmark to create a new, jointly owned retirement plan advisory entity.

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April 20, 2015

Brevan Howard Buys Stake in New York-based Penso Advisors

On March 9, 2015, the Wall Street Journal reported that Brevan Howard Asset Management LLP had purchased a 25% stake in New York-based Penso Advisors LLC.

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April 20, 2015

Bellpenny Acquires City Wealth Management

On April 13, 2015, FT Adviser announced that the national wealth manager Bellpenny acquired Winchester-based City Wealth Management Independent Financial Advisers.

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April 20, 2015

The Carlyle Group to Acquire Conifer Financial Services

On March 24, 2015, The Carlyle Group announced that it had agreed to acquire a majority stake in Conifer Financial Services LLC, an independent asset services firm.

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April 10, 2015

BPV Capital Acquires Cain Brothers Asset Management

On April 7, 2015, BPV Capital Management, a mutual fund management firm based in Knoxville, Tennessee, acquired 100% of the equity in Cain Brothers Asset Management, an institutional investor based in Orlando, Florida.

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