January 11, 2012
On January 4, 2012, Resource America, Inc. (NASDAQ: REXI) announced that it had entered an agreement to sell Apidos Capital Management, LLC to CVC Capital Partners SICAV-FIS, S.A. for $25 million and a minority stake in a newly created global credit manager.
January 5, 2012
December 28, 2011
December 19, 2011
On December 15, 2011, Wells Fargo announced that it had entered a definitive agreement to acquire Seward & Kissel client EverKey Global Partners, a global equity manager which will join Wells Capital Management, the asset management subsidiary of Wells Fargo Bank, N.A.
December 16, 2011
On December 16, 2011, Apollo Global Management announced that it had agreed to acquire alternative credit manager Stone Tower Capital LLC for an undisclosed sum.
November 23, 2011
November 17, 2011
The webinar, sponsored by Financial Research Associates, featured as speakers Seward & Kissel tax partner Jim Cofer, Madison Street Capital’s Karl D’Cunha and RSM McGladrey’s Daniel Wall, and covered tax and transaction strategies for the sale of hedge fund management firms. To view materials presented during the webinar, …
November 2, 2011
On November 1, 2011, Silvercrest Asset Management Group LLC announced that it had acquired the business of Seward & Kissel registered investment advisor client Milbank Winthrop & Co., Inc., bringing Silvercrest’s assets under management to approximately $10.5 billion.
October 27, 2011
On October 25, 2011, Oak Hill Advisors L.P. announced the sale of iStar Financial Inc.’s minority interest in Oak Hill to a group that includes General Atlantic LLC, Robert M. Bass and senior members of Oak Hill management for an undisclosed sum.
October 20, 2011
Madison Street Capital issued its Fall 2011 M&A Outlook-Hedge Fund Industry report analyzing deal activity in the hedge fund management sector. To see a copy of this report, click here.