Franklin Resources, which operates as Franklin Templeton Investments, has completed the acquisition of a majority stake in fund of hedge funds manager K2 Advisors Holdings LLC. The proceeds of this transaction by Franklin Templeton will be used by K2 to
Investcorp, a provider and manager of alternative investment products, is to acquire Scandinavia’s luxury retailer Georg Jensen for USD140m from private equity group Axcel Capital Partners. As part of this transaction, Investcorp has teamed up with David Chu, the luxury
Maitland, a provider of fund administration, multi-jurisdictional legal, tax, fiduciary and investment advisory services, has acquired Admiral Administration. Admiral is a hedge fund administrator with offices in the Cayman Islands; Dublin, Ireland; Halifax, Nova Scotia; and Richmond, Virginia. It combines
GAMCO Investors Inc announced that its advisory subsidiary, Gabelli Funds L
Fairtree Asset Management (Pty) Ltd, a multi-strategy alternative and long only investment manager established in 2003, has selected Prescient Fund Services Ireland as the UCITS Management Company and Fund Administrator for its first Irish UCITS fund. The Fairtree Global Flexible
EEX Group significantly increased its sales revenue and annual net profit in 2018 achieving the best corporate result in its history so far. On the power market, EEX Group again recorded the biggest power trading volume worldwide. On the markets
Aegon Asset Management has made two new hires to strengthen its now 14-strong global responsible investment team. Brunno Maradei joins Aegon Asset Management as Global Head of ESG based in The Hague, the Netherlands and Julius Huttunen joins the company
Leucadia National Corporation (NYSE: LUK) and Jefferies Group have approved a definitive merger agreement under which Jefferies’ shareholders (other than Leucadia, which currently owns approximately 28.6% of the Jefferies outstanding shares) will receive 0.81 of a share of Leucadia common
RiverCrest Capital, the absolute return fund management business established by Sir John Beckwith’s (pictured) Pacific Investments in 2011, has rolled out its second offering with the launch of the European Equity Alpha Fund. The Fund’s objective is to achieve consistent
US Bancorp Fund Services, a subsidiary of US Bancorp (NYSE:USB), has agreed to acquire AIS Fund Administration (AIS), a provider of fund administration and related services to alternative investment managers. The transaction adds approximately USD25 billion in hedge fund
