Money manager IPOs
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Fortress puts its spin on private-public conversion
trueWhen Fortress Investment Group LLC takes its private equity infrastructure fund public - expected as early as year's end, the alternative investment firm will provide limited partners instant liquidity.
Ackman targets IPO for closed-end Pershing Square fund later in 2014
trueBill Ackman, the activist hedge fund manager, said his firm, Pershing Square Capital Management, is targeting an initial public offering of a closed-end fund this year to give him more power to invest for the longer term.
Old Mutual Asset Management rides equity wave for its IPO timing
trueIn the S-1 filing for its long-rumored initial public offering, Old Mutual Asset Management said the company had $203.1 billion in assets under management as of March 31. Since the end of 2009, the firm's AUM has grown at a 9.1% annualized rate, fueled largely by the stock market rally that has ...
Old Mutual Asset Management files for IPO
trueOld Mutual Asset Management filed a registration statement with the SEC on Monday in preparation for the proposed initial public offering of a minority of the ordinary shares of OMAM held by parent Old Mutual PLC.
CPPIB interested in buying large stake in Markit IPO
trueCanada Pension Plan Investment Board “indicated an interest” in buying up to $450 million in common shares of Markit Ltd. when the financial data provider issues its IPO, according to a filing with the SEC.
River and Mercantile Group preps IPO filing
trueRiver and Mercantile Group, an advisory and investment manager formed by a merger between P-Solve and River and Mercantile Asset Management in March, announced its intention for an initial public offering to list and trade on the London Stock Exchange.
Marshall Wace plans U.K. IPO for peer-to-peer lending trust
trueP2P Global Investments, the U.K. investment trust created following Marshall Wace's majority acquisition of Eaglewood Capital Management, will list on the London Stock Exchange with the aim of raising £200 million ($336.1 million).
An overview of Ares Management
trueAres Management LP started trading earlier this month. It was the first initial public offering of a private equity firm since Carlyle Group in May 2012. Here is an overview of the firm's business and investment strategies.
Data provider Markit registers for secondary IPO
trueMarkit Group Ltd., the London-based financial data provider, on Monday registered with the SEC for a proposed secondary initial public offering of its common shares.
Ares Management stock falls in debut after first private equity IPO since Carlyle
trueAres Management, the first alternative money manager to go public in two years, fell in its trading debut after pricing its initial public offering below the marketed range.
Ares Management files IPO proposal
trueAlternative money manager Ares Management filed a proposal Monday for an initial public offering to raise at least $100 million.
Artisan Partners going strong a year after IPO
trueA year after going public, Artisan Partners Asset Management Inc. is on a roll that is enriching clients, stockholders, financial backers and employees.
Ares Management preparing to file IPO within days
trueAres Management is preparing to sell stock in the biggest initial public offering of an alternative money manager since Carlyle Group went public in 2012, according to two people with knowledge of the matter.
ING U.S. files with SEC to reduce ownership stake of parent
trueING U.S. filed a follow-on offering with the SEC Monday to further reduce parent ING Group's 57% ownership stake in the firm.
Old Mutual closer to deciding on IPO for its U.S. money manager
trueOld Mutual PLC is looking at an initial public offering for U.S. subsidiary Old Mutual Asset Management this year, subject to market conditions.