Please explain: How do corporate takeovers work? miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
South Carolina discloses up to $495 million in commitments
South Carolina discloses up to $495 million in commitments
Print
South Carolina Retirement System Investment Commission, Columbia, disclosed up to $495 million in commitments for the $35.6 billion South Carolina Retirement Systems investment portfolio.
The commitments were made in March and April, according to board documents from its April 15 meeting.
The council committed up to $200 million to AxInfra NA II, an open-end core infrastructure fund focusing on North America managed by
Axium Infrastructure.
In private equity, the council committed up to $100 million to Stonyrock Alt Fund I, which acquires general partnership stakes predominately in middle-market firms in North America and is managed by
Ares wants to do good – and profit – with new Pathfinder loan fund pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.
Scott Hartley and Alexis George
New AMP Australia CEO Scott Hartley has begun meeting with advisers at the institution to discuss the advice business model and map out a way forward for the institutional advice provider.
Hartley, who took over as head of AMP’s banking and wealth unit in mid-February, has been a visible presence amongst advisers according to Neil Macdonald, head of AMP FP and Hillross adviser association TAA.
“It’s early days but he’s hit the ground running and engaged with us as an association,” Macdonald says. “He’s been to our TAA board meetings and he’s out speaking to advice practices.”
Survitec Completes $372M Refinancing April 12, 2021
Survitec completed a $372M refinancing with funds managed or advised by the Credit Group of Ares Management Corporation.
“Successfully concluding this financing demonstrates the confidence we believe that Ares and M&G have in our business, said Ray Leclercq, Survitec’s CFO.
Survitec’s lead shareholders are Searchlight Capital Partners, a global private investment firm, and M&G Investments, an international asset manager.
Survitec also recently announced another key element of its long-term growth plans. In March 2021, the company said it had signed an intent to purchase Hansen Protection, a European provider of specialist survival suits and protective equipment.