Fiera Capital is pursuing to double its assets through acquisitions of US firms. The Canadian money manager Fiera Capital Corp is planning to increase its assets to more than double the current value of Can$150 billion or US$145 billion through the addition of smaller US firms.
Finance/Venture
Petraeus Joins KKR
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.
Fosun International Purchases Alma Lasers
Fosun International purchases Alma Lasers, where the latter was advised by Harris Williams. Harris Williams, one of the foremost middle market investment banks in the world, recently announced the sale of Alma Lasers to the subsidiaries of Fosun International.
Warburg Pincus Bought Out of Primerica
Warburg Pincus shares have been bought back by Primerica, totalling US$154.7 million in stock and warrants.
China Everbright Bank Prepares IPO
China Everbright Bank is currently preparing for an IPO in the Hong Kong Stock Exchange. China Everbright Bank Co, the Shanghai bourse listed firm, has filed an application for a Hong Kong share IPO sale with a volume worth US$2 billion.
Latest News
Singapore Exchange is expanding its market by opening a menu of services for yuan denominated transactions.
According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.
Peru's president said he would be implementing a new set of reforms designed to boost investments in the country.
Egypt set to return the taxes collected from the QNB acquisition of NSGB. (Photo : Reuters)The image is the Arabic logo of the Qatar National Bank. In an announcement, the Egyptian government has said it would be refunding taxes it has collected from the acquisition by Qatar National Bank of National Societe Generale Bank.
Canadian dollar falls against US greenback due to current trends. (Photo : Reuters)The image is a Canadian dollar bill, a twenty to be exact. The Canadian dollar fell to its lowest level against the US greenback with concerns that the gains achieved from the risky assets have outpaced the current economic growth.
Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.
Prologis and Blackstone purchase warehouse space worth US$960 million. Prologis Inc and Blackstone Group LP have settled to acquire 17 million square feet of distribution centers and warehouses for an estimated US$960 million.
Ibercaja has finalized an agreement to purchase Caja 3. Ibercaja, the mid sized Spanish financial institution, said on Thursday that it has settled an agreement to buy out Caja 3, a smaller Spanish bank.
Fidelity National and Thomas H. Lee discuss acquisition of Lender Processing for US$133 per share. According to a report from Reuters, a source knowledgeable of the matter related that Fidelity National Financial Inc and Thomas H.
