Public pension fund Birmingham Retirement & Relief System has sued SAC Capital Advisors LP over allegations of insider trading.
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Cordiant Capital to offer emerging market loans
Cordiant Capital would be offering loans to emerging markets through its Cordiant Emerging Loan Fund IV.
SAC Capital Hong Kong Office Staff Reshuffled
Amidst its insider trading investigation, SAC Hong Kong has lost five staff members and moved three others to other SAC offices.
TIPS low yield because of CPI
Private equity firms selling off securities despite government infusion efforts. Many private equity firms have been purchasing government securities that are protected against inflation because of the Federal Reserve's efforts to expand money supply.
SAC Capital Loses Hong Kong Staff At A Critical Time
SAC Capital Advisors has lost seven Hong Kong staff and relocated five others, but the hedge fund had declined to explain the departures.
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Singapore's Heliconia Pte Ltd is set to buy 2.6 percent stake in private sector Kotak Mahindra Bank for Rs 1,296 crore.
Preplay raises US$4.7 million in Series B funding. At the relaunch of PrePlay Inc's MLB PrePlay v2. 0 for Android and iOS, the company announced the closure of their Series B Financing at US$4.
Japan's railway and real estate group Seibu Holdings has opposed the renewed attempt of Cerberus Capital Management LP to increase its stake in the company to 44.7 percent.
Private equity firm Serent Capital has invested in Optimal Blue, a leading mortgage technology provider.
Three big venture firms may team up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.
Carlyle Group purchases Central Plaza for US$267 million from Forterra Trust. Private equity giant the Carlyle Group has announced the acquisition of the Central Plaza for US$267 million.
WellTok Completes new series B round funding. The developer of CafeWell, the top Social Health Management Platform has announced the completion of its Series B funding activities.
Techno Group, a subsidiary of Gulf Capital, has acquired Dogu Tip. Gulf Capital, the private equity firm based out of Abu Dhabi announced last Wednesday that one of its portfolio companies has purchased a 75% stake in a diagnostic imaging services company.
As an alternative to the Sprint Nextel offer, Aurelius Capital Management has offered US$80 million in financing to Clearwire.
