Allen Matkins announces the addition of Peter R. Fischer as a partner
Allen Matkins announced yesterday the addition of corporate and real estate partner Peter R. Fischer to its Century City office. Peter’s practice focuses on mid-market M&A matters, stock and asset transactions, fund formation, syndication, joint ventures, and private placements. Peter represents a broad range of companies, funds, investors, and entrepreneurs. Peter also counsels his clients on crisis management, […]
TA and Warburg Pincus acquire majority stakes Epassi Group From Bregal Milestone
Funds advised by TA Associates and Warburg Pincus LLC, two leading global private equity firms focused on growth investing, have acquired a majority stake in Epassi Group from majority shareholder Bregal Milestone, a leading technology growth private equity firm. As part of the transaction, Epassi’s founder Risto Virkkala will remain invested in the next stage […]
Jeff Leerink Group to acquire SVB Securities from SVB Financial Group
SVB Financial Group (Pink Sheets: SIVBQ) yesterday announced that it has entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities’ Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of its investment banking business, SVB Securities. A hearing […]
Goldman Sachs Asset Management announces liquidation of company’s Fund
Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund, announced yesterday that the Fund’s Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation and dissolution (the “Plan”) for the Fund. Under the Plan, which is effective today, the Fund will begin the process of […]
SHUAA ICC funds surpass industry standards in 2022
SHUAA Capital psc, the leading asset management and investment banking platform in the region, has affirmed its position as one of the leading regional asset managers, outperforming global industry benchmarks and strong growth in Assets Under Management across its Incorporated Cell Company (ICC) fund range, domiciled in Abu Dhabi Global Market (ADGM) and managed by […]
SFD and Pakistan enter a new deal to finance oil derivatives
In implementation of the directives from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and the Crown Prince, Mohammed bin Salman Al Saud – may Allah protect them; the CEO of the Saudi Fund for Development (SFD), Sultan Abdulrahman Al-Marshad, and the Secretary Ministry of Economic Affairs in Pakistan, Dr. […]
CLI initiates two new onshore renminbi funds
CapitaLand Investment Limited (CLI) has established two new onshore renminbi (RMB) funds, China Business Park Core RMB Fund I (CBPCFI) and CBPCF II to invest in business park opportunities in China. CBPCF I is a RMB380 million (S$76 million) fund established with four new domestic investors and CBPCF II is a RMB3.6 billion (S$720 million) […]
Westpac partners Mercer under its new business strategy in Australia and New Zealand
Westpac and BT Funds Management Limited (Trustee) have signed Agreement to merge, through a successor fund transfer (SFT), BT’s personal and corporate superannuation funds with Mercer Super Trust. Additionally, Westpac has entered into an agreement to sell its Advance Asset Management business (Advance) to Mercer Australia. Scope of agreements The merger is of BT’s personal […]