Aberdeen Asset Management will acquire Scottish Widows Investment Partnership Group and its related private equity and infrastructure fund management businesses from Lloyds Banking Group under a long-...
November 18, 2013 | 12:58 pm
Steve Schwarzman said his decision 19 years ago to sell what would become the world's largest money manager was a “heroic” mistake.
September 30, 2013 | 09:31 am
New York Life Investments acquired Dexia Asset Management for €380 million ($513 million).
September 25, 2013 | 01:19 pm
Legg Mason sold Private Capital Management, a value equity subsidiary based in Naples, Fla., to PCM management. Terms were not disclosed.
July 26, 2013 | 04:54 pm
Friess Associates, the adviser for the Brandywine mutual fund family, will become a 100% employee-owned firm after announcing its employees will buy the 70% stake owned by Affiliated Managers Group.
July 04, 2013 | 12:01 am
Amundi agreed to acquire Smith Breeden Associates, a fixed-income specialist with about $6.3 billion in mostly institutional assets under management.
June 03, 2013 | 02:04 pm
Legal & General Group ruled out bidding for Lloyds Banking Group's Scottish Widows Investment Partnership as it posted first-quarter cash flow that beat analysts' estimates.
May 02, 2013 | 10:16 am
AXA Group will sell its subsidiary AXA Private Equity to a group led by management, employees and external investors.
March 25, 2013 | 04:01 pm
Investec Asset Management CEO Hendrik du Toit and about 40 senior managers and employees will buy a combined 15% stake in the firm for £180 million.
March 14, 2013 | 03:11 pm
TCW Group has a new board of directors as part of the closing of a sale Wednesday to Carlyle Group and company employees from French bank Societe Generale.
February 06, 2013 | 04:07 pm
KKR made a minority interest investment in Nephila Capital, a money manager that invests in reinsurance risk, including natural catastrophe and weather risk.
January 24, 2013 | 04:06 pm
Halcyon Asset Management sold a 20% passive minority stake to Dyal Capital Partners.
January 22, 2013 | 04:59 pm
BNP Paribas Investment Partners agreed to a management buyout of BNP Paribas Clean Energy Partners, which will be renamed Glennmont Partners.
January 22, 2013 | 12:17 pm
A federal judge in California is expected to decide later this week whether the buyout of TCW Group by its management and private equity manager Carlyle Group can continue.
November 07, 2012 | 01:57 pm
Old Mutual Asset Management on Thursday announced it agreed to sell five of its affiliate money management firms — including Analytic Investors — to each of their senior management teams.