Institutional investors
Billabong and Sycamore in Exclusive Takeover Talks
Australian surfwear firm Billabong announced that it has entered into a 10-day exclusive takeover talks with its former head Paul Naude and private equity firm Sycamore Partners.
SEC Adopts New Rules on Identity Theft
The U.S. Securities and Exchange Commission has adopted new rules that require stock brokerages, mutual funds and investment advisers to establish programs to help detect identity theft.
Toronto Start-Up ThoughtWire Gets Canadian Government Support
The Canadian government has announced a government investment that allows Toronto-based startup ThoughtWire access to close to $2 million financing from southern Ontario angel investors to accelerate the development of its innovative software platform.
Cortland Fund Services to Provide Fund Administration Services to Four PE Real Estate Funds
Cortland Fund Services has been chosen to provide fund administration services to four new private equity real estate funds managed by real estate management firm BainbridgeZKS.