Asia's share of global private equity investments has doubled to 21 percent in the past four years, helped by last year's strong growth and that figure should continue to rise, a top McKinsey & Co executive told Reuters.

The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore.

New York state's pension fund assets rose 5.96 percent to $150.3 billion in the 2012 fiscal year.

Italian insurer Fondiaria-SAI has proposed share swap ratios for the planned merger with Unipol that would give its peer 61 percent of the new merged entity.

Private equity firm Carlyle Group is in talks to sell its stake in Taiwan's Ta Chong Bank to Yuanta Financial in a deal worth up to T$37 billion ($1.

HSBC is considering selling parts of its U.S. real estate portfolio to accelerate the run-down of the business.

Carolyn Mathis, Partner with Harbor View Advisors, Ponte Vedra, Florida has joined theFlorida Venture Forum’s Board of Directors.

Carlyle Group LP, the private equity group that went public in a $671 million IPO earlier this month, on Tuesday reported a 26 percent drop in profitability in its first-quarter earnings, as it failed to match a strong 2011 first quarter.

Paladin Capital Group, a U. S. firm, and Abu Dhabi's Invest AD, plan to launch a $100-million private equity fund to invest in companies in fast-growing economies in the Middle East, North Africa and Turkey, the two companies said on Monday.

Lovell Minnick Partners is pleased to announce the acquisition of a majority interest in Commercial Credit Group Inc.