07/31/2015
CITIC Securities, the majority shareholder of conventional asset management giant China Asset Management Crop (China AMC), topped its securities counterparts with the substantial growth of its third party asset management business.
07/30/2015
Chinese asset managers are tipped for 20 new mandates under the national public pension fund reform which is set to be announced soon, while 30% of the investments are expected to be in equity assets.
07/29/2015
An unnamed private equity firm, a family office and other investors also participated in the round, which valued the company at US$1 billion before the current funding.
07/29/2015
The company focusing is focusing primarily on late-stage control buy-outs, growth capital, real estate development and credit business.
07/29/2015
The deal – which calls for an upfront cash payment of A$112 million and earn-outs of up to A$42 million over a three year period - should close by the end of November, said a Treasury Group/Northern Lights' news release.
07/27/2015
The family of John Arnhold, First Eagle's chairman and chief investment officer, will remain shareholders of the firm.
07/27/2015
China, the world’s biggest emitter of greenhouse gases, needs to transition away from dirty power and heavy industry, and any instrument that helps create a new class of socially responsible Chinese investors has to be a worthy initiative.