Alleghany has invested USD250m for a 6.25 per cent equity ownership interest in Ares Management, which is privately held, and also committed to invest up to USD1bn of capital in various existing and new Ares investment strategies. Through
Nikko Asset Management (Nikko AM) has acquired the Asia-Pacific investment manager Treasury Asia Asset Management Limited (TAAM). TAAM’s Singapore and Sydney-based team of eight highly experienced and successful investment professionals significantly enhances Nikko AM’s ability to provide institutional-quality Asian equity
In January 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.2 million contracts (Jan 2011: 10.4 million). Of those, 5.5 million were Eurex Exchange contracts (Jan 2011: 7.1 million), and 2.7 million contracts were
NYSE Euronext announced today that in light of the decision by the European Commission to prohibit its proposed combination with Deutsche Boerse, the companies are in discussions to terminate their merger agreement. NYSE Euronext said it would focus on the
Macquarie Group Ltd (Macquarie) is acquiring a 42.5% stake in sugar and ethanol advisory, supply chain management and trading firm C Czarnikow Ltd from Wilmar International Ltd, which will cease to be a shareholder. Bringing significant expertise in agricultural risk
NYSE Euronext has provided a statement and timeline for the completion of its acquisition by IntercontinentalExchange (ICE), an operator of global markets and clearing houses. ICE and NYSE Euronext now have all regulatory approvals necessary to proceed with closing their
NYSE Euronext and Deutsche Borse have both agreed to a mutual termination of the business combination agreement originally signed by the companies on 15 February, 2011. The move comes following the recently announced decision by the European Commission to block
Cairn Capital has structured and placed GBP263.2m in commercial mortgage backed securities (CMBS) notes for Debussy DTC. The deal is the first CMBS transaction in Europe not arranged by a bank. The notes, issued in exchange for Debussy warehouse
Elliott Management Corporation has sent a letter to the board of directors of Riverbed Technology offering to acquire all of the firm’s outstanding shares of common stock at USD19.00 per share in cash. Elliott, affiliates of which collectively own or
Bitcoin, gold and sterling exchange Netagio has partnered with Isle of Man payment services provider WalPay, allowing customers to deposit funds and receive international payments in GBP, EUR and USD. Further currencies are to follow. The new banking facilities,
