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Showing 551 - 560 of 7674 results for "Deal"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

Research digs into HNW investment preferences

MATTHEW WAI  |  TUESDAY, 14 JAN 2025
According to new research from Praemium, high-net-worth (HNW) investors with stronger balances are typically tipping more into alternatives. The report comes as advisers eye the asset class along with artificial intelligence (AI) and technology as key ...

Family offices turn to start-ups, M&As: PwC

KARREN VERGARA  |  MONDAY, 13 JAN 2025
Family offices have increasingly shunned real estate in favour of direct company investments over the last decade, a new report from PwC reveals. The annual study found family offices' appetite for companies that are start-ups, and merger and acquisition ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... Regal's takeover bid in late September. Last month, the two parties confirmed they have walked away from any potential deal. "Regal's growth-focused strategy remains unchanged. Regal will continue to assess organic and inorganic opportunities ...

Stamford Capital Investments launches new fund

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... crowded. Fortunately, we are in a very unique position having access to Stamford Capital's market intelligence and strong deal flow. Our funds sit next to what is arguably the biggest net in the ocean. At any point in time, our brokerage team is engaged ...

MetLife to acquire PineBridge Investments

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... asset management arm of insurance giant MetLife, is set to acquire PineBridge Investments from Pacific Century Group in a deal valued up to US$1.2 billion. The deal comprises US$800 million in cash at closing, slated for 2025, along with US$200 million ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... and will continue to work collaboratively with ASIC." Since 2009, Sanlam's AFSL enables it to provide advice for, and deal in, specified classes of financial products, together with custodial and depository services. The AFSL covers both retail and ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... subsidiary, claiming material breaches of contract and pre-contractual misrepresentations. ESSSuper and Iress first signed a deal in October 2019 for administration services, with the fund signing on to outsource its admin function to Iress' Automated ...

ISPT joins IFM: Names new leaders

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... Darren Steinberg will take on new leadership roles at Industry fund-backed asset manager IFM Investors following its recent deal with real estate funds manager ISPT. ISPT chief executive Chris Chapple has been named IFM Investors' global head of ...

Analyst Moves: Franklin Templeton, JANA, Bain, MLC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Franklin Templeton has confirmed that Francyne Mu will step down from her role as portfolio manager and research analyst within the equity group. The asset manager said it is not looking to replace the role - that the team is well-resourced globally. ...