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Showing 21 - 30 of 55 results for "Florida"

Tropical theme Ponzi scheme busted

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
Small business owners and seniors in Florida have been the victim of a tropical themed Ponzi scheme that is now under investigation by the US Securities and Exchange Commission. The SEC announced that it has filed an emergency action and obtained a ...

Blackstone makes $8.7 billion purchase

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... infrastructure," Stewart said. The warehouses are mostly situated in high-population areas such as California, Atlanta and Florida, which Blackstone expects to continue to experience outsized demand growth. The deal is subject to customary closing conditions ...

Global manager hires from Magellan

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
... chief investment officer and co-chief executive Rajiv Jain in 2016 as an independent boutique equities manager based in Florida. Sydney became its first office outside of the United States last year. Abernethy left his role as the CFS's head of retail ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... orders to freeze the assets of the unregistered funds, calling it a US$1.2 billion Ponzi scheme. Now, the Federal Court in Florida ordered Woodbridge and its 281 related companies to pay US$892 million in disgorgement. It also ordered Shapiro to pay ...

Pacific Current Group expands US investment

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
... increasingly diversifying into "segments of the investment industry with strong growth prospects." According to PAC, the Florida based business has a mission is to improve the lives of the financial advisers it supports by providing the tools and support ...

Global asset managers sign responsible firearms framework

DARREN SNYDER  |  THURSDAY, 15 NOV 2018
... System (CalPERS); California State Teachers' Retirement System (CalSTRS); Connecticut Retirement Plans and Trust Funds; Florida State Board of Administration; Maine Public Employees Retirement System; Maryland State Retirement and Pension System; Nuveen ...

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... November 8 and the close of the offer. However, on December 11, Molopo updated shareholders regarding its investment in Florida oil and gas exploration company Orient FRC. Molopo revised estimates for future cash requirements for its investment, totalling ...

WAM pulls out of takeover deal

ALEX BURKE  |  MONDAY, 8 JAN 2018
... November 8 and the close of the offer. However, on December 11, Molopo updated shareholders regarding its investment in Florida oil and gas exploration company Orient FRC. Molopo revised estimates for future cash requirements for its investment, totalling ...

Court shuts down listed investment manager lawsuit

ALEX BURKE  |  FRIDAY, 8 DEC 2017
... application from a listed investment manager who was attempting to restraint Molopo Energy from acquiring further shares in a Florida oil and gas exploration company. Keybridge Capital had commenced proceedings against Molopo with regards to the latter's ...

Fixed income specialist wins mandate

KARREN VERGARA  |  THURSDAY, 7 DEC 2017
... Asia Property Fund targeting Australian and New Zealand investors. Alpha Fund Manager recently invested in US$7.5 billion Florida-based manager DSM Capital Partners' Global Growth Equity strategy. In October, it took a stake in India Avenue Investment ...