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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May 1, 2014

AMG Acquires Majority Stake in Veritas

Affiliated Managers Group, Inc. announced on April 29, 2014 that it had agreed to acquire a majority equity interest in investment manager Veritas Asset Management LLP.

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April 30, 2014

Rothschild and Larch Lane Advisors Announce Joint Venture

On April 24, 2014, Rothschild Asset Management and Larch Lane Advisors announced a new joint venture, Rothschild Larch Lane Management Company, which will act as investment advisor for a new multi-manager liquid alternatives 40 Act fund.

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October 30, 2013

Virtus Investment Partners and Cliffwater Announce Partnership

On October 28, 2013, Virtus Investment Partners (NASDAQ: VRTS) and Cliffwater LLC announced the establishment of a new partnership, Cliffwater Investments LLC, an investment advisor that will sub-advise three new multi-strategy, multi-manager alternative mutual funds for retail investors.

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April 15, 2013

Capital Dynamics and Diligence Capital Establish Strategic Cooperation

On April 8, 2013, Capital Dynamics and Diligence Capital, a China-based RMB fund of funds manager, announced that they had established a full strategic cooperation to take advantage of regional investment opportunities.  Capital Dynamics will adopt Diligence Capital’s Chinese name for activities in China, and Diligence Capital will operate in English under the “Capital Dynamics China” brand.

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January 23, 2013

U.S. Global to Make Strategic Investment in Galileo

On January 18, 2013, U.S. Global Investors (NASDAQ: GROW) announced that it had agreed to purchase 50% of the equity in Toronto, Canada-based Galileo Equity Advisors.

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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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December 18, 2012

Allied World to Acquire Stake in Aeolus

On December 18, 2012, Allied World Assurance Company Holdings announced that it will expand its Allied World Financial Services platform through the acquisition of a minority stake in Bermuda-based Aeolus Capital Management.

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October 1, 2012

NY Life to Acquire Minority Stake in Cornerstone

On September 27, 2012, New York Life announced that it had agreed to acquire, through a subsidiary, a minority stake in growth manager Cornerstone Capital Management, Inc.

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July 13, 2012

Conversus Sells Private Equity Interests to HarbourVest

On July 2, 2012, HarbourVest Partners announced that HarbourVest-managed funds and HarbourVest Global Private Equity Limited had agreed to acquire all of Conversus Capital L.P.’s private equity interests for $1.4 billion.

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