Matthieu Favas
The Chinese firm has confirmed its purchase of the coveted €80bn asset manager, and teams up with ICBC, China's biggest bank, to expand DAM’s foothold in emerging markets.
The acquisition of a Jersey-based online beauty retailer ends an eventful year for the London-headquartered firm.
The firm has hired ex-iShares boss Lee Kranefuss to help source deals in this small but fast-growing market segment
The emerging market firm has partially exited Brazil’s largest independent brokerage with a sale to General Atlantic. It hopes to unlock further value with a forthcoming IPO.
Investors with schemes in place to reward good performance have netted annual returns of 11% or more over the last five years.
The deal values the luxury carmaker at €940m.
The French firm’s partial exit from United Biscuits, which it owned jointly with Blackstone, should help its efforts to raise a €3bn fund
GCS Capital has agreed to buy Dexia Asset Management, which had reportedly drawn interest from firms including Advent, Bain, CVC, Permira and Warburg Pincus.
Many of the European companies that have already defaulted on leveraged loans may do so again, the ratings agency warns – although there are signs of progress in certain industries.
GCS Capital has entered exclusive talks for Dexia Asset Management, which had reportedly drawn interest from firms including Advent, Bain, CVC, Permira and Warburg Pincus.