Actavis is to acquire pharmaceutical company Allergan for a combination of USD129.22 in cash and 0.3683 Actavis shares for each share of Allergan common stock. Based on the closing price of Actavis shares on 14 November, 2014, the transaction
Preqin examines the recent surge in European fundraising, including the growth of debt and distressed strategies and the increasing flow of international capital into the region. European fundraising has improved dramatically over the last year, reflecting growing investor appetite for
Irish start-up, Fund Recs, a developer of cloud-based reconciliation software to global fund administrators to to provide trade processing solutions for Capita Asset Services fund business in Ireland. Fund Recs software will be used to automatically capture trades from Fund
This week the Management Board of Directors of the Palaedino Fund announced that London-based Sabre Fund Management Limited had launched the Sabre Dynamic Equity Fund. This is the seventh fund to join the Palaedino UCITS Platform, a Luxembourg SICAV established
Equinox Funds has expanded its Alternative Strategy Platform with the addition of the Equinox Aspect Core Diversified Strategy Fund (EQAIX). By deploying a medium-term trend following strategy developed by Aspect Capital Limited (Aspect), a legendary alternative asset management firm based
SW Mitchell Capital, the USD2billion London-based European equities specialist is planning to soft close the
Credit Suisse Asset Management (CSAM) has closed its ILS Property & Casualty Fund (the P&C Fund) with a total of USD576 million in capital commitments from a diverse mix of institutional investors. The P&C Fund includes investors from the US
Aliier, a global TAMP working with equity managers, fixed income managers, alternatives and hedge funds, has signed Seattle-based Rainier Investment Management as a sub-advisor to the Aliier Passport platform. Rainier joins a growing line-up of fund managers who are taking
Blackstone Alternative Asset Management (BAAM), Blackstone’s hedge fund solutions business, and NWI Management (NWI), a global macro hedge fund, have launched Blackstone NWI Asset Management. BNAM will offer a platform of investment solutions for investors seeking to access fixed income
The Conifer Group, which merged with Vastardis Capital to form Conifer Financial Services – an asset services firm offering front to back capabilities across all asset classes to pensions, endowments, family offices, hedge funds, private equity and venture capital managers,
