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Investment Management & Fund Operators

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Carlyle Group announced the closing of two collateralized loan obligation funds

Monday, 7 Aug 2017 08:17am EDT

Aug 7 (Reuters) - Carlyle Group Lp :Announced the closing of two collateralized loan obligation funds.Carlyle Group Lp - one of the funds is in the U.S. totaling approximately $613 million and one is in Europe totaling approximately EUR 464 million.Carlyle Group Lp - structured credit/collateralized loan obligation business now has approximately $20 billion in assets under management.

Poste Italiane CEO says "all options open" on partnership with Anima

Wednesday, 2 Aug 2017 01:20pm EDT

Aug 2 (Reuters) - Poste Italiane: :CEO Matteo Del Fante says "all options are open" when asked about future of partnership with Anima Holding.CFO Roberto Giacchi says H1 deposits rose to 54.6 billion euros from 48 billion euros in H1 2016.Giacchi says group remains extremely focused on asset management business.CFO says H1 total sales of Mail&Parcel division fell 1.4 percent versus same period of last year.Del Fante says bank payments provider SIA will play important role as technological partner, does not answer question about possible increase of Poste's stake in SIA .Del Fante says Poste Italiane has booked additional provisions of 65 million euros for real estate funds, does not see need to do more in future.

Regulator halts review of Guangzhou Yuexiu Financial's asset restructuring plan

Tuesday, 1 Aug 2017 06:57am EDT

Aug 1 (Reuters) - Guangzhou Yuexiu Financial Holdings Group Co Ltd <000987.SZ>:Says securities regulator to halt review of its asset restructuring plan.

Elite Asset Management acquires Alfred Berg Finland entities

Tuesday, 1 Aug 2017 04:46am EDT

Aug 1 (Reuters) - ELITE VARAINHOITO OYJ ::REG-ELITE ASSET MANAGEMENT PLC ACQUIRES ALFRED BERG FINLAND ENTITIES AND BECOMES THE EXCLUSIVE DISTRIBUTOR OF BNP PARIBAS ASSET MANAGEMENT'S INVESTMENT PRODUCTS IN FINLAND.TRANSACTION IS ESTIMATED TO INCREASE 2018 EBITDA OF ELITE WITH APPROXIMATELY 2.5-3.0 MILLION EURO RESULTING IN AN ESTIMATED TOTAL EBITDA OF 5-6 MILLION EURO FOR 2018.MAJOR PART OF ACQUISITION IS PAID BY ISSUING NEW A- AND B-SHARES TO SELLER, ALFRED BERG ASSET MANAGEMENT AB, MAKING BNP PARIBAS ASSET MANAGEMENT A 19% OWNER IN ELITE.NON-RECURRING TRANSACTION AND RESTRUCTURING COSTS RELATED TO ACQUISITION ARE ESTIMATED TO BE APPROXIMATELY 2.5 MILLION EURO.AS A RESULT OF EXPENSED NON-RECURRING COSTS RELATED TO TRANSACTION FULL YEAR 2017 EBITDA IS REVISED DOWNWARDS TO 1.1-1.6 MILLION EURO.

UBS CFO: expect RWA inflation of around 6 bln Sfr in H2

Friday, 28 Jul 2017 04:47am EDT

July 28 (Reuters) - Ubs Group Ag :CEO says capital returns policy remains unchanged, very comfortable with both CET1 ratios.CFO says for the second half of 2017 we expect around 3 billion of outflows related to euro deposit charging as well as cross-border outflows of around 11 billion, peaking in q4.CFO says for second half of 2017 expect around 6 billion Sfr increase in risk-weighted assets from regulatory increases.CFO says still feel very good about reaffirming guidance for net margin of 25-30 basis points in wealth management division.CEO says medium- to long-term we are focusing on organic growth and fuelling growth engine in wealth management, particularly in U.S. and Asia; China a top priority.

Guangzhou Yuexiu Financial applies to suspend asset restructuring review

Wednesday, 26 Jul 2017 04:58am EDT

July 26 (Reuters) - Guangzhou Yuexiu Financial Holdings Group Co Ltd <000987.SZ>:Says it applies to regulator for suspending review of its asset restructuring proposal, share trade to resume on July 27.

Acasta announces leadership transitions

Monday, 24 Jul 2017 07:41am EDT

July 24 (Reuters) - Acasta Enterprises Inc :Acasta Enterprises Inc - ‍board now comprised of Geoff Beattie as its independent chairman, Tony Melman as CEO, and three new independent directors​.Acasta - ‍Hunter Harrison, Gordon Nixon agreed to sell their equity interests to co's directors, senior management, as well as some existing founders​.Acasta Enterprises Inc - ‍included in equity interests to be sold by Hunter Harrison and Gordon Nixon are approximately 1.2 million promote shares​.

WebMD to be acquired by KKR's Internet Brands

Monday, 24 Jul 2017 07:00am EDT

July 24 (Reuters) - WebMD Health Corp :WebMD to be acquired by kkr's Internet Brands.WebMD Health Corp - deal for ‍$66.50 per share​.WebMD Health Corp - transaction valued at approximately $2.8 billion..WebMD Health Corp - ‍equity financing for transaction is being provided primarily by KKR's private equity funds​.WebMD Health - unit of Internet Brands to commence tender offer in next 10 business days to acquire all outstanding shares of WebMD common stock​.Webmd Health Corp - ‍Webmd board of directors approved merger agreement​.Webmd Health Corp - ‍financing for transaction is fully committed​.

Blue Cap plans to streamline Planatol subgroup

Monday, 24 Jul 2017 02:35am EDT

July 24 (Reuters) - BLUE CAP AG ::PLANS TO STREAMLINE THE PLANATOL SUBGROUP.

IDI and RAISE Investissement to help restructure Groupe Mériguet

Thursday, 20 Jul 2017 02:24am EDT

July 20 (Reuters) - IDI SCA :ANNOUNCED ON WEDNESDAY THE EXCLUSIVE ENTRY WITH RAISE INVESTISSEMENT IN THE CAPITAL OF GROUPE MERIGUET TO REORGANIZE THE COMPANY TOGETHER WITH MANAGEMENT.TIKEHAU CAPITAL AND BPIFRANCE ALSO TAKE PART IN THIS TRANSACTION.

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