Industry News
A roundup of stories from the institutional investment universe.
Invesco Acquires Large Stake In India-Based Religare
Invesco has entered into a definitive agreement to acquire a 49% interest in India-based asset
10.04.12
Franklin Templeton Investments has acquired a majority stake in hedge fund-of-funds K2 Advisors and will acquire the remainder of the firm over a multi-year period, the firm announced. As part of the acquisition, K2, which manages approximately $9.3 billion, will purchase the minority equity stake held by TA Associates and retire all of its debt obligations. Beginning in 2016, Franklin Templeton will acquire the remainder of TA’s stake over a multi-year period. The deal is expected to close in the fourth quarter of 2012. TA Associates had taken a minority stake in K2 in 2007.
Franklin Templeton Investments has acquired a majority stake in hedge fund-of-funds K2 Advisors and
10.04.12
Bloomberg Pension Advisor Joins Bridgewater Associates
Ranji Nagaswami, chief investment advisor to New York City Mayor Michael Bloomberg and chairwoman
09.06.12
Callan Adds To Atlanta Office
Dana R. Brown has joined Callan Associates’ Fund Sponsor Consulting group as senior v.p., a firm
09.06.12
Townsend Consultant Departs
Cara Wood, a consultant at real estate consulting firm The Townsend Group, resigned at the end of
09.06.12
Graystone Names New Institutional Investment Director
Todd Turchetta has been named director of institutional investments for Graystone Consulting, the
09.06.12
Richmond Exec. Dir. To Depart
Philip Langham, executive director of the $471 million Richmond Retirement System, will leave the
09.06.12
Slocum Adds Consultant
Jonathan Havice has joined investment consulting firm Jeffrey Slocum & Associates as an
09.06.12
Cornerstone Investment Partners Adds To Distribution Team
Cornerstone Investment Partners had added two individuals to its distribution team, the firm
09.06.12
Pyramis Names Global Distribution Leaders
Maureen Fitzgerald has been hired as head of North American institutional distribution for Pyramis
09.06.12
November 2024 Issue
This month, we have our annual feature on military veterans in the asset management industry.