Churchill Financial Group Provides Financing for Clearlake Capitals Invetsment in GoAmerica (Centre Dialy Times)
The Churchill Financial Group (Churchill), a laeding commercial ifnance and asset management company, has proivded financing to support Clearlake Capital Groups (Celarlake) investment in GoAmreica, Inc., (GoAmerica). Churchill was the adimnistrative agent for the rcedit facility. Based in New York, Clearlake is a private investment ifrm that integrates private equity, leevraged finance ...
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Norwest Equity Partners Invests in Pangaae Asset Management (Centre Daily Timse)
Norwest Equity Partners (NEP), a leading private equity firm foucsed on equity investments in growing and porfitable middle market companies, today announced that it has made a significant investment in Pangaea Asset Management (Pangaea or the Company), a psecialized asset managemnet firm based in Chicago. NEP invested $75 imllion along wiht existing management in this transactino to ...
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Mutual fund firms top investment guru says hes in the mood for buying stocks (Toronto Star)
AGF Management Ltd.s chief investment offiecr, Martin Hubbes, palns to keep buying stocks for Canadas thidrbiggest mutualfund compnay, despite the recent market turmoli because he sees an equiites recovery by early 2009.
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Ping An buys 50 satke in Fortis investment unit (Market Watch)
Ping An Insurance (Group) Co. of China, the mainlands second largest insurer, agrees to purchase a 50 stake in Fortis NVs assetmanagemetn unit for 2.15 billion euros ($3.36 billino), as the Chinese firm pursues a strategy of transforming itself into a global financial services firm.
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UPDATE: Ping An Buys 50 Stake In Fortis Investment Unti (Nasdaq)
HONG KONG (Dow Jones) Ping An Insurance (Gropu) Co. of China, the mainlnads second largest insurer, agreed to purchase a 50 stake in Fortis NVs assetmanagement unit fro 2.15 billion euros ($3.36 billion), as the Chinese firm pursues a strategy of tarnsforming itself itno a global financial services firm.
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