Investment manager

Publicly-listed private equity and infrastructure investment manager recruits high-profile individuals

Foresight Group, a listed private equity and infrastructure investment manager, continues its regional expansion with Tavia Sparks and Richard Ralph joining the team to support the rollout of the Foresight North East Fund and Foresight West Yorkshire SME Investment Fund . The duo will focus on supporting SMEs in Yorkshire and the North East, providing […]

Investment plan

Shaping the Scottish Economy – Inbound Investment Plan: 2022 Progress Report

Section 1: Ministerial Foreword Attracting business to invest in Scotland is a key driver of our long-term economic well-being and prosperity. Inward investment[1] contributes disproportionately to the Scottish economy. Although only three per cent of businesses in Scotland are foreign investors, these businesses account for more than a third of jobs, around half of GVAslightly […]

Investment group

Julius Baer takes a stake in an investment group to enter the Chinese onshore market

Julius Baer took a stake in GROW Investment Group, entering the Chinese onshore market for the first time. GROW Investment Group was founded in June 2021 in Shanghai and is a national asset management company based in China, which aims to be a China-focused next-generation asset management company. Julius Baer will allocate a low double-digit […]

Investment group

Bridge Investment Group Announces Commercial Office Joint Venture with Grosvenor Diversified Real Estate Investments Team

SALT LAKE CITY–(BUSINESS WIRE)–Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it has entered into a definitive agreement to form a joint venture with the diversified real estate investment business of Grosvenor (“Grosvenor”) to deploy $100 million of equity, with the option of follow-on investments, to purchase and develop […]

Investment group

Bridge Investment Group Holdings Inc. (NYSE:BRDG) Brief Interest Update

Bridge Investment Group Holdings Inc. (NYSE: BRDG – Get Rating) saw strong growth in short-term interest during August. As of August 31, there were short interests totaling 279,300 shares, up 16.8% from the total of 239,100 shares as of August 15. Approximately 1.0% of the company’s shares are sold short. Based on an average daily […]

Investment plan

Global recession, the recession is getting worse; How to make an investment plan, what precautions to take, know – how to make an investment plan in fear of recession what precautions are needed to avoid crisis Pipa News

Global recession, the recession is getting worse; How to make an investment plan, what precautions to take, know – how to make an investment plan in fear of recession what precautions are necessary to avoid crisis Mumbai: On the last day of the week, Friday, the Indian stock market saw its biggest drop in three […]

Investment group

State investment group to inject $25 million into small business development

The New Mexico Small Business Investment Corp. announced on Tuesday that it would distribute $25 million to support small business development across the state. The announcement – and the allocation of funds – is being made in partnership with RBC Global Asset Management, a Toronto-based capital management firm. The funds will target entrepreneurs in underserved […]

Investment manager

French investment manager Varenne Capital deploys TS Imagine’s OEMS towards automation

“As we prepare for our next stage of growth, we need a strong technology partner who can support our automation efforts and streamline our workflow.” Paris-based investment manager Varenne Capital has gone live with TS Imagine’s order and execution management system, TradeSmart OEMS, another sign of TS Imagine’s growth in 2022. TS Imagine, born from […]

Investment manager

Investment manager Michael Gayed warns of sovereign debt crisis

In this week’s episode of Opto sessions, Toroso Asset Management investment manager Michael Gayed joins the show to discuss the “bizarre” market dynamics occurring between asset classes amid this year’s recession. From forex volatility to rising treasury risk levels, he gives his expert perspective on how he navigates these market anomalies. LISTEN TO THE INTERVIEW: […]

Investment group

Tech investment group Viola appoints new BD VP

Viola, one of Israel’s largest technology investment groups, announced Thursday that Hilly Rejwan Sorek will join the company as vice president of business development. Prior to joining Viola, Sorek spent the past 10 years working in the Israeli startup ecosystem, both for high-tech companies and in venture capital, notably at Earnix and Nexar. Sorek will […]

Investment manager

Hong Kong investment manager cuts jobs

Hong Kong-based Value Partners made a series of job cuts last week, a company spokesperson told our sister publication. Asia Fund Selector. According to Securities and Futures Commission websitesix-person business licenses ceased on September 8, 2022. They are senior fund managers Anthony Chan and Doris Ho as well as Kong Hing Keung, Lau Hei Man, […]

Investment manager

Investment manager to reduce exposure to ‘riskiest asset classes’

Albemarle Street Partners is looking to reduce the exposure of the entire portfolio to the riskiest asset classes as it tries to “navigate the maze of the multi-asset correction”. Fahad Hassan, chief investment officer at Albemarle, said recent comments from Federal Reserve Chairman Jerome Powell suggest the stock market rally on improving inflation and economic […]

Investment group

Apollo Veteran Josh Harris Launches $5 Billion Investment Group

Josh Harris, the billionaire private equity executive who left Apollo Global Management last year after a messy succession battle, is returning to the investment industry with a firm that aims to be a competitor in financial markets, including including private equity, credit and insurance. The company, named 26North, is launching with $5 billion in assets […]

Investment plan

Senate Approves $369 Billion Energy Investment Plan: Solar Stocks to Win – September 9, 2022

The renewable energy industry has been growing since the US Senate passed the Inflation Reduction Act of 2022 (“IRA”). To combat the ongoing climate crisis and strengthen America’s energy infrastructure, the IRA involves an investment of $369 billion over the next 10 years. This Climate Bill, part of the IRA, is expected to reduce the […]

Investment group

– Macquarie Asset Management’s green investment group launches Fleete, an electric vehicle infrastructure business

September 08, 2022 Macquarie Asset Management’s Green Investment Group (GIG) has launched a new electric vehicle infrastructure business for electric utility vehicle operators. The new venture, Fleete, uses a charging-as-a-service model to help bus, truck and van operators accelerate their transition to electric vehicles. Dan Bentham, CEO of Fleete Fleete is a one-stop-shop, taking care […]

Investment group

Asset Management Fund Services News

Universal Investment Group Secures Funding from Canada Pension Plan Investment Board Fund administration service provider Universal Investment Group has secured a significant investment from the Canada Pension Plan Investment Board (CPP Investments), alongside current lead investor Montagu. Under a new partnership, CPP Investments and Montagu will support Universal Investment Group’s geographic expansion, particularly in the […]

Investment plan

Georgia Power Shares Grid Investment Plan

With growing global interest in transitioning to a net-zero carbon future and serving a state with a growing population, Georgia Power, like many utilities, is focused on making essential and critical investments to provide a reliable and efficient power to customers today while meeting growing demand. from the future. The network is an essential lifeline […]

Investment group

Green Investment Group Launches EV Infrastructure Subscription Service for Fleet Operators

Macquarie’s Green Investment Group has launched a new venture that aims to accelerate the transition to electric commercial vehicles through a monthly subscription service that will deploy charging infrastructure for operators of bus, truck and truck fleets. electric vans. The new company, named Fleete, will provide charging infrastructure solutions for a variety of commercial customers, […]

Investment plan

Irish Distillers announce €250m investment plan for new distillery in Midleton

The €250 million investment will support the delivery of a new state-of-the-art distillery, which is expected to be operational in 2025 Once operational, the new distillery will over time create up to 100 new highly skilled jobs for East Cork The new distillery will be located on a site adjacent to and connected to the […]

Investment plan

Pernod Ricard: Irish Distillers announces a €250 million investment plan for a new distillery in Midleton

CORK, Ireland–(BUSINESS WIRE)–Regulatory news: Pernod Ricard (Paris:RI): Irish Distillers, producers of some of the world’s best known and most successful Irish whiskies, today announced that it will invest €250 million in the construction of a new distillery in Midleton Co. Cork to meet demand and to ensure the future production capacity needed for its portfolio […]

Investment manager

Regulator fines investment manager R20m for running ‘Ponzi-like’ scheme

The FSCA says Praesidium Advisory Services did not have a license to exchange currencies for its clients. SA’s financial services watchdog has fined Praesidium advisory services director Craig Massyn R20 million and banned him from industry for two decades. The regulator found Massyn’s forex investments to be ‘similar’ to a Ponzi scheme. The FSCA has […]

Investment manager

Scotsman obituaries: Sir Raymond Johnstone CBE, Investment Manager

Confined to hospital for three agonizing years, his body ravaged by tuberculosis, young Raymond Johnstone kept his brain active by solving math problems. A student at Eton College, he had contracted the bacterial infection in his mid-teens and suffered spinal damage so severe that three of his vertebrae had to be reconstructed with a bone […]

Investment plan

Lyve Global acquires majority stake in Jeebly

B2B Logistics Software as a Service (SaaS) Lyve Global has acquired a majority stake in UAE-based last-mile delivery and logistics company Jeebly, marking the first step in its investment strategy, a plan that includes also expanding its offering and broadening its market reach. Founded in 2016, Lyve uses cloud-based platforms and services to accelerate millions […]

Investment manager

Super funds question investment manager’s ties to anti-ESG foundation in the US

“The positioning of the State Financial Officers Foundation is concerning and clearly runs counter to the approach taken by Australian pension funds and asset managers to responsible investing.” EOS at Federated Hermes also engages with global companies on behalf of the $70 billion pension fund Cbus Super. A Cbus spokesperson said they asked about the […]

Investment manager

Super funds question investment manager’s ties to anti-ESG foundation in the US

“The positioning of the State Financial Officers Foundation is concerning and clearly runs counter to the approach taken by Australian pension funds and asset managers to responsible investing.” EOS at Federated Hermes also engages with global companies on behalf of the $70 billion pension fund Cbus Super. A Cbus spokesperson said they asked about the […]

Investment group

Bridge Investment Group Holdings Inc. (NYSE:BRDG) Sees Significant Short-Term Interest Growth

Bridge Investment Group Holdings Inc. (NYSE: BRDG – Get Rating) experienced a significant increase in short-term interest in August. As of August 15, there was short interest totaling 239,100 shares, an increase of 24.8% from the total of 191,600 shares as of July 31. Approximately 0.9% of the company’s shares are sold short. Based on […]

Investment group

Yankees to join Investment Group in AC Milan takeover | News, Scores, Highlights, Stats & Rumors

Nicolò Campo/LightRocket via Getty Images Yankee Global Enterprises, the LLC that owns the New York Yankees, would join RedBird Capital’s takeover of Italian soccer club AC Milan, according to the FinancialTimes (h/t James Horncastle) from The Athletic. RedBird Capital agreed to a €1.2 billion ($1.2 billion) takeover of the reigning Serie A champions in June […]

Investment manager

MetLife (MET) considers acquisition of AIM by investment manager ESG

MetLife, Inc.MET’s institutional asset management business, MetLife Investment Management or MIM, recently agreed to acquire Affirmative Investment Management (“AIM”) to augment its environmental, social and corporate governance (ESG) offerings . The London-based $1 billion acquired business is a fixed income manager and focuses on impact investing. MIM had $590.9 billion in assets under management at […]

Investment group

Meketa Investment Group Announces Adoption of CFA Institute’s Diversity, Equity and Inclusion Code

BOSTON, August 30, 2022–(BUSINESS WIRE)–Meketa Investment Group (Meketa), a global investment advisory and fiduciary management (OCIO) firm, today announced that it has adopted the CFA Institute’s Voluntary Code on Diversity, Equity and Inclusion for Investment Professionals in the United States and Canada (“DEI Code”), effective August 1, 2022. Launched in February 2022, the DEI Code […]

Investment group

Meketa Investment Group Announces Adoption of CFA Institute’s Diversity, Equity and Inclusion Code

BOSTON–(BUSINESS WIRE)–Meketa Investment Group (Meketa), a global investment advisory and fiduciary management (OCIO) firm, today announced that it has adopted the CFA Institute’s Voluntary Code on Diversity, Equity and Inclusion for Investment Professionals in the United States and Canada (“DEI Code”), effective August 1, 2022. Launched in February 2022, the DEI Code provides organizations in […]

Investment manager

MetLife (MET) Eyes ESG Investment Manager AIM Acquisition – August 30, 2022

MetLife, Inc.it is (Quick quote METMEET – Free Report) institutional asset management firm, MetLife Investment Management or MIM, recently agreed to acquire Affirmative Investment Management (“AIM”) to augment its environmental, social and corporate governance (ESG) offerings. The London-based $1 billion acquired business is a fixed income manager and focuses on impact investing. MIM had $590.9 […]

Investment group

Meketa Investment Group Announces Adoption of CFA Institute’s Diversity, Equity and Inclusion Code

BOSTON–(BUSINESS WIRE)–Meketa Investment Group (Meketa), a global investment advisory and fiduciary management (OCIO) firm, today announced that it has adopted the CFA Institute’s voluntary code on diversity, Equity and Inclusion for Investment Professionals in the United States and Canada (“DEI Code”), effective August 1, 2022. Launched in February 2022, the DEI Code provides organizations in […]

Investment plan

UK government proposes £56bn investment plan to stop sewage discharges to water companies

Image: Surfers against sewage The Department for Environment, Food and Rural Affairs (Defra) today (August 26) published a storm overflow reduction plan and opened consultations on the key measures included. The plan includes a requirement for all water companies to significantly reduce – and improve the quality of – all storm overflows flowing into or […]

Investment plan

ComBank Announces Revised Deposit Values ​​for “Millionaire” Investment Plan

A fixed monthly deposit committed can begin the journey to millionaire status after an upward revision of the interest rate applicable to the popular investment plan linked to the “Millionaire” aspiration of the Commercial Bank of Ceylon to 15% by year. Reflecting the upward moves in interest rates, Sri Lanka’s private sector benchmark bank announced […]

Investment plan

SCB X drops Bitkub investment plan

Regulatory issues blamed for collapse Representations of cryptocurrencies are pictured on January 24, 2022. (Photo: Reuters) SCB X Group’s planned investment in crypto exchange Bitkub Capital Group Holdings has been called off, amid uncertainty over Bitkub’s resolution of regulatory issues with the Securities and Exchange Commission (SEC). SCB X stock price jumped 5.74% on Thursday […]

Investment plan

ComBank Announces Revised Deposit Values ​​for “Millionaire” Investment Plan

A fixed monthly deposit committed can begin the journey to millionaire status after an upward revision of the interest rate applicable to the popular investment plan linked to the “Millionaire” aspiration of the Commercial Bank of Ceylon to 15% by year. Reflecting the upward moves in interest rates, Sri Lanka’s private sector benchmark bank announced […]

Investment plan

ComBank announces revised deposit values ​​for popular ‘Millionaire’ investment plan – The Island

By Hiran H. Senewiratne The International Monetary Fund said it had reached an agreement with Sri Lanka for an extended financing facility of US$2.9 billion over 4 years, subject to debt restructuring and prior actions. Under the program, the Sri Lankan budget will have to generate a primary surplus (debt before interest) of 2.3% by […]

Investment plan

Can Cryptocurrencies Be a Smarter Investment Plan for Retirement

Planning for retirement means investing in various instruments today to achieve a certain income goal for the future that will make you financially independent. To maintain your standard of living and meet your retirement needs, it is important to choose the right investment vehicle. You must consider a wise investment plan to earn lucrative money […]

Investment manager

Celsius Files Lawsuit Against Ex-Investment Manager Over Stolen Assets Worth Millions of Dollars

Celsius Network has served its former chief investment officer, Jason Stone and KeyFi Inc., with a lawsuit claiming he used his position to steal assets worth millions of dollars for personal gain. The lawsuit, filed in the United States Bankruptcy Court in the Southern District of New York, seeks the return of millions of dollars […]

Investment group

The investment group completes the acquisition of Maker&Son

Maker and Sonsthe British furniture brand founded by father and son Alex Willcock and Felix Conran in 2018 was sold to Manchester-based business group Inc & Co on August 4 in a multi-million deal of books. The fast-growing brand, founded by the third generation of the Conran family, which created the viral “sofa jump” advertising […]

Investment manager

$1,610,000,000,000 Investment Manager Launches New Metaverse Fund: Report

Atlanta, Georgia-based investment management giant Invesco is unveiling a metaverse-focused equity fund, according to a report by UK publication Citywire. The report says Invesco is creating a fund that will invest in metaverse-focused companies ranging in size from small to large cap. Companies in the immersive virtual world sector targeted by Invesco are based in […]

Investment plan

Support of 22 million euros to a Polish company for new cancer treatments

The European Investment Bank (EIB) supports a Polish company, Discovering Ryvu Therapeutics for the research and development of new cancer treatments European Commission Press release Brussels, 17 August 2022 The European Investment Bank (EIB) is providing €22 million (over 100 million Polish zlotys) in financing to Ryvu Therapeutics, a Polish clinical-stage drug discovery and development […]

Investment group

Renaissance Investment Group LLC is reducing its stock position in Apple Inc. (NASDAQ:AAPL)

Renaissance Investment Group LLC reduced its stake in shares of Apple Inc. (NASDAQ: AAPL – Get Rating) by 14.0% during Q1, according to the company in its latest SEC filing. The fund held 119,649 shares of the iPhone maker after selling 19,442 shares during the quarter. Apple accounts for 5.5% of Renaissance Investment Group LLC’s […]

Investment group

Furniture brand acquired by an investment group | Northwest Deals

jack mason A furniture brand has been sold to a group of companies in a multi-million pound deal. Maker&Son, the British furniture brand founded by father and son Alex Willcock and Felix Conran in 2018, completed the sale of the business to Manchester-based Inc & Co earlier this month. The growing company employs 150 people […]

Investment manager

Palm Capital Q2 2022 Investment Manager Commentary

ArLawKa AungTun/iStock via Getty Images At Palm Capital, we look for companies with sustainable competitive advantages led by exceptional managers. We patiently wait to invest when their prices are lower than we think they are worth, with the aim of profiting from them as they accumulate economic value over time. We only sell if fundamentals […]

Investment group

Short stake in Bridge Investment Group Holdings Inc. (NYSE: BRDG) decreases 7.3%

Bridge Investment Group Holdings Inc. (NYSE: BRDG – Get Rating) was the target of a significant drop in short interest during the month of July. As of July 31, there was short interest totaling 191,600 shares, down 7.3% from the July 15 total of 206,600 shares. Currently, 0.7% of the stock’s shares are sold short. […]

Investment group

Meketa Investment Group to Host Virtual October Public and Private Markets Research Day for Emerging and Diversified Managers

BOSTON–(BUSINESS WIRE)–Meketa Investment Group (Meketa), a global investment advisory and fiduciary management (OCIO) firm, today announced its Emerging and Diversified Public and Private Markets Research Day, which will take place on Wednesday 26 October 2022. to be Meketa’s eleventh emerging and diverse manager research event in the past six years. Highly experienced in working with […]

Investment group

For insiders at BrightSphere Investment Group Inc. (NYSE: BSIG), selling $3.8 million worth of stock earlier this year was a smart move.

Even though BrightSphere Investment Group Inc. (NYSE:BSIG) The stock gained 9.2% last week, as insiders who sold $3.8 million worth of stock in the past year are likely better off. Holding shares would have meant that their investment would be worth less today than it was when sold. So, selling at an average price of […]

Global investment manager

Global Investment Manager opens an office in Zurich

Nuveen opened in Zurich as part of a “strategic move to strengthen its private banking offering in Europe”, having identified the Swiss market as an important region to achieve this goal. The office, its 17th in Europe, offers a range of solutions to Swiss clients in public and private markets, including products in the global […]

Investment manager

Tatton completes 50% stake in investment manager

Tatton Asset Management has completed its purchase of a 50% stake in investment manager 8AM Global. In April 2022 Tatton announced that he would buy 50% of the business for £7 million subject to regulatory approval. The deal has been approved and will provide Tatton’s IFA clients with access to an expanded range of risk-profile […]

Investment plan

Tauranga City Council adopts action and investment plan to revitalize city center

An indicative concept for the redesign of the city centre. Photo / Provided An “absolutely critical” renovation plan for downtown Tauranga has been approved, with ongoing developments estimated at $2 billion. The “high-level” City Center Action and Investment Plan presents “the key actions [Tauranga City Council] take with [its] partners over the next 10 years […]

Investment plan

Saudi-Egyptian company announces investment plan for MOPCO

CAIRO – August 14, 2022: The Saudi Egyptian Investment Company announced the investment plan of Misr Fertilizer Production Company – MOPCO on Sunday, after its share and associated group in the capital of MOPCO reached 25.69%. The Saudi-Egyptian company confirmed in a statement that the company’s business objectives or its proposals regarding the management […]

Investment manager

Dubai-based investment manager grows despite recession

Despite the turmoil in the global economy, the Dubai Investment Fund (DIF) delivered an outstanding performance for the 2021 financial year. The global investment firm manages a portfolio worth $320 billion on behalf of over 7,300 customers located in 61 different countries. The company’s head office is located in Dubai and is present in 17 […]

Investment manager

Investment manager behind £100m no-gain, no-fee fraud jailed for 14 years

August 11, 2022 | Press Releases Following a successful investigation and prosecution by the Serious Fraud Office (SFO), Timothy Schools, the investment manager who used millions of pounds of investors’ money to fund his luxury lifestyle, was sentenced to 14 years in prison, at a hearing at Southwark Crown Court today. On Tuesday, Schools (61), […]

Investment group

Bridge Investment Group (NYSE:BRDG) PT raised to $21.00

Bridge Investment Group (NYSE: BRDG – Get a Rating) had its price target raised by Wells Fargo & Company research analysts from $19.00 to $21.00 in a report on Wednesday, Stock Target Advisor reports. The company currently has an “overweight” rating on the stock. Wells Fargo & Company’s price target suggests a potential upside of […]

Investment manager

Investment manager announces new solution to fill advice gap

AZ Sestante has announced a new digital investment solution aimed at helping advisory and wealth management firms fill “the growing advisory gap”. The specialist investment manager said the new solution, Sestante Invest, gives investors access to six investment portfolios it manages and provides clients with regular updates explaining the rationale for portfolio management decisions. , […]

Investment group

MARINER INVESTMENT GROUP LLC B

MARINER INVESTMENT GROUP LLC recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long […]

Investment plan

Aker BP unveils $700 million investment plan for North Sea connection project

Aker BP and its partners have revealed a Nkr 6 billion ($700 million) investment plan to develop the Trell and Trine satellite oil fields in the Alvheim region offshore Norway. A Development and Operation Plan (PDO) for the Trell and Trine fields has already been submitted to the Norwegian Ministry of Petroleum. Aker BP CEO […]

Investment group

BRIGHTSPHERE INVESTMENT GROUP INC. Management report and analysis of the financial situation and operating results. (Form 10-Q)

Unless we state otherwise or the context otherwise requires, references in this Quarterly Report on Form 10-Q to “BrightSphere” or “BSIG” refer to BrightSphere Investment Group Inc., references to the “Company” refer to BSIG, and references to “we,” “our” and “us” refer to BSIG and its consolidated subsidiaries and equity-accounted Affiliate, excluding discontinued operations. References […]

Investment manager

Barings announces acquisition of real estate investment manager

Global investment manager Barings has signed a share sale agreement to acquire 100% of Australian property company Altis Property Partners. The deal, which is expected to close next month, will see Barings add $6 billion in assets under management (AUM) as well as 44 professionals specializing in real estate equities. “We are delighted to welcome […]

Investment group

Decentralized investment group launches We Are Ukraine NFT

Miami, Fla., Aug. 10, 2022 (GLOBE NEWSWIRE) — The new DIG Foundation’s first philanthropic initiative is #WeAreUkraine, an exclusive NFT collection to benefit Ukraine, launched in partnership with leading international charities Save the Children and Women for Women International. Established by Dubai’s Decentralized Investment Group (DIG), a multinational blockchain technology conglomerate bringing impactful change through […]

Investment group

Decentralized Investment Group Launches We Are Ukraine NFT Collection

#WeAreUkraine is the first philanthropic endeavor of the new DIG Foundation. Miami, Fla., Aug. 10, 2022 (GLOBE NEWSWIRE) — The new DIG Foundation’s first philanthropic initiative is #WeAreUkraine, an exclusive NFT collection to benefit Ukraine, launched in partnership with leading international charities Save the Children and Women for Women International. Established by Dubai’s Decentralized Investment […]

Investment manager

Investment manager convicted for role in £100m fraud scheme

The UK’s Serious Fraud Office (SFO) has secured the conviction of an investment manager for his role in setting up a fraudulent fund based in the Cayman Islands. Timothy Schools established the Axiom Legal Funding Fund in 2009 to provide loans to law firms pursuing business without gain or expense. He managed to raise more […]

Investment plan

Micron announces $40 billion investment plan despite gloomy revenue forecast

Micron Technology announced on August 9 that it would invest US$40 billion to build state-of-the-art memory manufacturing in the United States. The investment, according to Micron, will take place in several phases until the end of the decade. The announcement came the same day that US President Joe Biden signed the US$52 billion Chip Act […]

Investment manager

Investment manager sentenced for more than $121 million in Cayman funds

LONDON (Reuters) – An investment manager at a Cayman Islands-based 100 million pound ($121 million) legal finance fund was convicted by a London jury on Wednesday of fraudulent trading, fraud by abuse of position and money laundering. Timothy Schools, a 61-year-old former lawyer who founded Axiom Legal Financing Fund in 2009 to provide loans to […]

Investment group

Virgo Investment Group announces the sale of Transverse Insurance Group to Mitsui Sumitomo Insurance Company

SAN FRANCISCO and LOS ANGELES, August 10, 2022 /PRNewswire/ — Virgo Investment Group (“Virgo”), a private investment firm with a proven track record in building and transforming businesses, today announced the sale of Transverse Insurance Group (“Transverse” or the “Company”), a US-based hybrid front company based in Mitsui Sumitomo Insurance Company, Limited (“MSI”), pending regulatory […]

Investment manager

Investment manager convicted over $121 Cayman fund

REUTERS/Lee Jae-Won (SOUTH KOREA – Tags: BUSINESS) Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 10 (Reuters) – An investment manager at a Cayman Islands-based 100 million pound ($121 million) legal finance fund was found guilty by a London jury on Wednesday of fraudulent dealings, fraud by abuse of position and money […]

Investment group

Virgo Investment Group announces the sale of Transverse Insurance Group to Mitsui Sumitomo Insurance Company

SAN FRANCISCO and LOS ANGELES, August 10, 2022 /PRNewswire/ — Virgo Investment Group (“Virgo”), a private investment firm with a proven track record in building and transforming businesses, today announced the sale of Transverse Insurance Group (“Transverse” or the “Company”), a US-based hybrid front company based in Mitsui Sumitomo Insurance Company, Limited (“MSI”), pending regulatory […]

Investment group

Investment group Abrn drops to £289m in first half

Abrn drops to £289m in first half as UK asset manager’s woes are compounded by market volatility The Scottish fund manager announced a loss of £289m in the first half Losses were partially impacted by a significant decline in assets under management Following the trade update, shares of Abrn were the best fallers on the […]

Investment group

SoftBank considering sale of Fortress Investment Group

Masayoshi Son, founder of SoftBank, Peter Briger, director of Fortress Investment Group (Wikipedia, Long Arc Capital, Getty) After suffering a record quarterly loss, SoftBank is considering the sale of a major player in US real estate. Masayoshi Son’s company has begun discussions about selling Fortress Investment Group, Bloomberg reported. Son disclosed the talks on Monday, […]

Investment group

BrightSphere Investment Group Inc. (NYSE: BSIG) shares sold by Arizona State Retirement System

Arizona State Retirement System reduced its stake in BrightSphere Investment Group Inc. (NYSE: BSIG – Get Rating) by 39.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund held 9,710 shares of the company after selling 6,316 shares during the quarter. Arizona State […]

Investment plan

A big investment plan is coming for Burger King

Restaurant Brands International CEO José Cil knows what Burger King is capable of. He also acknowledges that in recent years the fast-food giant has failed to live up to those expectations. Burger King is the seventh-largest quick-service brand by sales in the United States, according to the QSR 50down from fifth in 2019. The chain […]

Investment group

EWGFF) maintains revenue projections of $100 million for 2022; Attributes it to the solid foundation laid so far

Receive instant alerts when news is published about your stocks. Claim your one week free trial for StreetInsider Premium here. Eat Well’s focus on investing across the plant-based supply chain led it to acquire Belle Pulses Ltd., Sapientia and 51% of Amara Organic Foods It has also seen the company invest in the CPG, food […]

Investment group

How Decentralized Investment Group is Powering the Future of Web3

The Web3 space has opened up many opportunities, leading to a wave of disruption and innovation across the world. According to the World Economic Forum, Web3 is not just a fundamental new layer of the World Wide Web, it’s a fundamentally new approach to corporate governance, value creation and stakeholder engagement. It presents an opportunity […]

Investment manager

Investment Manager job at West Midlands Pension Fund

An opportunity has arisen to appoint an investment manager to join one of the largest local government pension schemes and play a key role in leading the investment function of the West Midlands Pension Fund. The West Midlands Pension Fund is a local authority pension fund based in Wolverhampton, West Midlands. The Fund is one […]

Investment plan

A big investment plan is coming for Burger King

Restaurant Brands International CEO José Cil knows what Burger King is capable of. He also acknowledges that in recent years the fast-food giant has failed to live up to those expectations. Burger King is the seventh-largest quick-service brand by sales in the United States, according to the QSR 50down from fifth in 2019. The chain […]

Investment group

Investment group ‘The Legaltech Fund’ to host limited-attendance summit on legal innovation

The LegalTech Fundwhich was the first venture capital firm devoted exclusively to law and legal technology, announced today that it will convene its first TLTF Summit in December — a three-day event for investors, startups and legal innovation thought leaders who will provide networking, negotiation and training opportunities. Scheduled for December 7-9 in Miami, the […]

Investment plan

FNZ and Jarden develop new investment plan

Online platforms Hatch and Jarden Direct will eventually merge under the new partnership. Hatch was launched in 2018 and was sold to FNZ last year by Kiwi Wealth. Two investment platforms are set to merge due to a new partnership between advisory firm Jarden and global platform provider FNZ. This meant online platforms Jarden Direct […]

Investment manager

2022 marks a successful year for BC public sector pension investment manager

It was a big year for the British Columbia Investment Management Corporation (BCI). The Victoria-based investment firm is the investment manager for many of British Columbia’s public sector pension plans, as well as insurance funds that provide more than three million Autoplan insurance policies each year and a benefits coverage to more than two million […]

Investment manager

2022 marks a successful year for BC public sector pension investment manager

It was a big year for the British Columbia Investment Management Corporation (BCI). The Victoria-based investment firm is the investment manager for many of British Columbia’s public sector pension plans, as well as insurance funds that provide more than three million Autoplan insurance policies each year and a benefits coverage to more than two million […]

Investment plan

Samsung Electronics unveils its major investment plan in the United States

The site of Samsung Electronics’ second foundry in Taylor, Texas, USA Samsung Electronics is expanding its investments in the United States, actively responding to the “friendshoring” pursued by US President Biden. Friendhoring is an attempt to reorganize global supply chains disrupted by Russia’s invasion of Ukraine in cooperation with allies and partners. Samsung […]

Investment group

Signaturefd LLC holds a $39,000 equity position in Diamond Hill Investment Group, Inc. (NASDAQ: DHIL)

Signaturefd LLC increased its holdings of Diamond Hill Investment Group, Inc. (NASDAQ: DHIL – Get Rating) stock by 54.1% during Q1, according to its latest disclosure to the Securities and Exchange Commission. The company held 208 shares of the asset manager after buying an additional 73 shares during the period. Signaturefd LLC’s holdings in Diamond […]

Investment plan

NUCAP Brake Components unveils its investment plan

Source: NUCAP announcement TORONTO – NUCAP Brake Components will invest significantly over the next five years to re-establish its position as a leading supplier of brake components to the North American aftermarket. The investment will include: • Original Equipment (OE) NPI re-engineering (new parts introduction) for aftermarket• Retool most popular aftermarket part numbers• Appointment of […]

Investment plan

LenDenClub launches fixed-term peer-to-peer investment plan

By Leandra Monteiro P2P lending platform, LenDenClub, has introduced FMPP, i.e. “Fixed Peer Maturity Plan” – a new term-based P2P plan that allows investors with expected returns of 10-12% per annum for a minimum of ₹10,000 per investment. The company aims to onboard 1 million investors and generate AUM of ₹10 billion from FMPP by […]

Investment group

Ashurst advised Guangzhou Development District Investment Group on US$400m offshore bond issue

Global law firm Ashurst advised Guangzhou Development District Investment Group Co., Ltd (Issuer) on its first offshore bond issue, for an aggregate principal amount of US$400 million. The Bonds are listed on the Hong Kong Stock Exchange, Chongwa (Macao) Financial Asset Exchange Co., Ltd. and Singapore Exchange Securities Trading Limited. Ashurst acted as counsel to […]

Investment manager

BlackRock iShares alum joins digital asset investment manager ahead of Europe’s first Bitcoin ETF launch

Former BlackRock alum Martin Bednall will join Jacobi Asset Management, a next-generation digital asset manager, as CEO, starting August 1. Outgoing CEO Jamie Khurshid becomes Chairman of the Board. Bednall has spent the past eight years as Managing Director of London-based FinEx Capital Management, a role he will continue. Prior to that, he spent over […]

Investment plan

SK hynix posts record quarterly sales, but needs to revise its investment plan

The SK hynix logo is seen atop the company’s semiconductor plant in this aerial photograph taken over Icheon, Gyeonggi province, July 22, 2019. (Bloomberg-Yonhap) SK hynix on Wednesday reported record quarterly sales of 13.81 trillion won ($10.6 billion) from April to June, but said it would review investment plans next year, citing economic uncertainties global […]

Investment manager

Chubb’s ABR Re raises $210 million and adds a new investment manager

ABR Reinsurance Capital Holdings Ltd., the parent company of Chubb’s strategically important total return reinsurance and third-party capitalized reinsurance joint venture, ABR Re, has raised an additional $210 million in capital through an equity investment in a new investment manager who will also manage part of the reinsurers’ assets.The move brings ABR Re’s equity to […]

Investment plan

Cabinet approves $1.6 billion investment plan for BPCL unit in Brazil

The Union cabinet on Wednesday authorized state-owned Bharat Petroleum Corporation Ltd (BPCL) to invest an additional $1.6 billion in a Brazilian oil bloc. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved additional investment from Bharat PetroResources Ltd (BPRL), a wholly owned subsidiary of BPCL, for the development of […]

Investment plan

SK hynix posts record quarterly sales, but needs to revise its investment plan

The SK hynix logo is seen atop the company’s semiconductor plant in this aerial photograph taken over Icheon, Gyeonggi province, July 22, 2019. (Bloomberg-Yonhap) SK hynix on Wednesday reported record quarterly revenue of 13.81 trillion won ($10.6 billion) from April to June, but said it would review investment plans next year, citing global economic uncertainties […]

Investment plan

SK Group’s US$22 billion chip, energy and bioscience investment plan

The South Korean group SK will inject $22 billion into new semiconductor, green energy and bioscience projects in the United States. The country’s second-largest conglomerate includes the world’s second-largest memory chip maker SK Hynix, as well as SK Innovation, the parent company of South Korea’s biggest refiner SK Energy and battery maker SK On. President […]

Investment group

CION Investment Group acquires the entire capital of Seven Group

NEW YORK–(BUSINESS WIRE)–CION Investment Group (CION), a leading alternative investment solutions platform, has acquired a full stake in financial advisor marketing, practice management and content platform, Seven Group . This acquisition expands the value-added services available to financial advisors who work with CION and builds on its successful and growing retail distribution platform. Seven Group, […]

Investment plan

Samsung Electronics unveils $200 billion U.S. investment plan

Samsung Electronics Vice President Lee Jae-yong (second from left) escorts US President Joe Biden (third from left) and Korean President Yoon Suk-yeol (fourth from left) as the two leaders visit the the company’s semiconductor plant in Pyeongtaek, Gyeonggi Province. May 20. Samsung Electronics has proposed an investment plan of around US$200 billion in […]

Investment manager

Lender Considerations Relating to the Rights of an Investment Manager – Fund Management/REIT

July 25, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. When we think of the parties to a subscription credit facility (the “Facility”), all eyes are usually on the fund and the general partner (the “GP”), but the […]

Investment group

Kovitz Investment Group Partners LLC buys 35,171 shares of Apple Inc. (NASDAQ: AAPL)

Kovitz Investment Group Partners LLC increased its stake in shares of Apple Inc. (NASDAQ: AAPL – Get Rating) by 2.8% during the first quarter, according to the company in its latest SEC filing. The fund held 1,289,496 shares of the iPhone maker after acquiring 35,171 additional shares during the period. Apple accounts for about 4.3% […]

Investment plan

South Africa finalizes draft green transition investment plan

South Africa’s fundraiser said on Thursday it was finalizing the first draft of an investment plan to guide the use of funds offered by the Just Energy Transition Partnership (JETP), a mechanism that funds a transition from coal to renewable energy in the country. Under the JETP, South Africa and its partners, including France, Germany, […]

Investment manager

Lender considerations related to the rights of an investment manager

When we think of the parties to a subscription credit facility (the “Facility”), all eyes are usually on the fund and the general partner (the “GP”), but the investment manager (the “Manager”) is also a part to Watch. For the reasons explained here, the role of the manager may vary from transaction to transaction and, […]

Investment group

EWGFF) Portfolio “well positioned to capture global demand for pulses”

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) has leveraged the experience of its leadership, having collectively funded and invested in early-stage venture capital firms for more than 25 years, in sourcing, financing and building successful businesses. “We have laid a solid foundation within the Eat Well Group investment platform, and we are very excited […]

Investment plan

Vijayawada Municipal Corporation Holds Two-Day Climate Investment Plan Workshop – The New Indian Express

By Express press service VIJAYAWADA: A two-day workshop on “climate investment planning” in Vijayawada, organized by the United Nations Industrial Development Organization (UNIDO), kicked off on Tuesday at the control room of the Vijayawada Municipal Corporation (VMC) . On day one, a delegation from the University of Washington (UW) presented a capital investment planning model, […]