Aberdeen Asset Management buys out JV partner 27/03/2015 Aberdeen Asset Management has agreed to buy SVG Capital plc's minority stake in their joint venture vehicle, Aberdeen SVG Private Equity Managers Limited. Aberdeen will pay £29 million for SVG’s 49.9 percent stake.
Coutts International to be acquired by Geneva's UBP 27/03/2015 As widely expected, Union Bancaire Privée, the Geneva private bank which has been among the main buyers of distressed assets being unloaded by foreign banks in Switzerland, has won the bidding for Coutts International.
Carlyle Group acquires asset services firm 25/03/2015 Global alternative asset manager The Carlyle Group announced that it has agreed to acquire a large stake in Conifer Financial Services LLC, a leading, independent asset services firm.
Vontobel buys London-based asset manager 25/03/2015 Vontobel Asset Management is to acquire a 60 percent stake in TwentyFour Asset Management LLP, an independent fixed income specialist based in London.
Julius Baer transfers acquired Leumi clients 24/03/2015 Julius Baer has successfully transferred Bank Leumi clients following its acquisition of Leumi’s private banking business in Switzerland (see thewealthnet 21/07/2014).
TMF Group sells fund admin business to management 19/03/2015 International trust company TMF Group is to sell its fund services division, TMF Custom House, to its management team. This will independent, stand-alone business called Custom House Fund Services.