January 20, 2014

Q&A – George Bumeder of XL Group Investments

Continuing its series of Q&As relating to investment manager deals, IM Deals received the following feedback from George Bumeder, Senior Vice President of XL Group Investments LLC, which is an internal investment subsidiary of XL Group plc.  Through its subsidiaries, XL Group plc is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world.

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October 21, 2013

Sun Hung Kai Acquires Minority Stake in Kima Capital

On October 17, 2013 Sun Hung Kai & Co. Limited announced that it acquired a 33.01% interest in Kima Capital Management Limited.

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September 30, 2013

Morgan Stanley Partners with Longchamp

On September 26, 2013, Morgan Stanley (NYSE: MS) announced a partnership with Longchamp Asset Management and La Française AM to provide investors with access to new alternative UCITS Sub-Funds.

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July 18, 2013

Investcorp and Kortright Capital Announce Strategic Partnership

On July 16, 2013, Investcorp and Kortright Capital Partners announced that Kortright, a New York-based investment manager, will join Investcorp’s Single Manager Platform.  Investcorp’s seed investment in Kortright was not disclosed, but Investcorp historically provides from $50 to $100 million in seed capital.

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July 15, 2013

SkyBridge Announces Strategic Partnership with Woori

On July 9, 2013, SkyBridge Capital, a research-based alternative investment firm, announced a strategic partnership with Woori Investment & Securities providing for the distribution of SkyBridge’s hedge fund products in Korea and other regions in Asia.

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May 13, 2013

Canadian Western Bank to Acquire 55% Stake in McLean & Partners

On April 23, 2013, Canadian Western Bank (TSX: CWB) announced that it has signed an agreement to acquire a 55% ownership stake in McLean & Partners Wealth Management Ltd. in an all-cash deal.  McLean & Partners’ executive management team will retain a 45% ownership in the company.

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January 31, 2013

Man Group and OFI Group Announce Strategic Partnership

On January 24, 2013, Man Group plc (LSE: EMG) and OFI Group announced a strategic partnership to provide alternative multi-manager capabilities in the French market.  Man Investments Holdings Limited will invest €1.6 million to acquire a 20% stake in OFI MGA, OFI Group’s alternative investment subsidiary, with the option to become a majority shareholder after three years.

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January 24, 2013

Nephila Capital and KKR Announce Strategic Partnership

On January 23, 2013, KKR & Co. (NYSE: KKR) and Bermuda-based investment manager Nephila Capital announced KKR’s acquisition of a 24.9% interest in Seward & Kissel client Nephila from management and UK-based minority stakeholder Man Group.

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January 23, 2013

Grosvenor to Seed Continuum Investment Management

On January 22, 2013, structured fixed income asset management firm Continuum Investment Management announced a strategic partnership with Grosvenor Capital Management under which Continuum will receive an $85 million seed investment.

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January 4, 2013

Dyal Acquires Minority Interest in Scopia

On January 3, 2013, Scopia Fund Management LLC and Dyal Capital Partners announced that Dyal acquired a passive minority interest in Scopia.

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