Baring Private Equity Asia (“Baring Asia”), one of Asia’s largest and most established independent private equity firms, following regulatory approvals has completed the deal to acquire Orangefield. Advising funds that manage more…

BNP Paribas replaces fund chief BNP Paribas has appointed investment banker Frédéric Janbon as the chief executive of its fund unit, replacing Philippe Marchessaux. Mr Janbon previously held the role of global…

The Dutch financial services company Intertrust seek an initial public offering of shares on the Euronext stock exchange. The public offering should yield approximately 475 million euros, money that Intertrust will include to pay off debts.…

Goldman Sachs Asset Management has launched a new global absolute return fund.  The Goldman Sachs Global Absolute Return Portfolio will seek to generate ‘consistent, attractive returns’ which will be less dependent on…

Nigel Le Quesne, Group CEO & Chairman of JTC announced completion of its acquisition of Kleinwort Benson’s Fund Administration business, taking the company’s global headcount to over 450 staff. Completion follows receipt of…

British state-backed lender Royal Bank of Scotland has sold its Luxembourg-based funds business to BlackFin Capital Partners, a private equity firm that specialises in financial services. RBS sold its Luxembourg UCITS and…

Operating and administration costs have been lowered by 10 basis points on key share classes in JP Morgan Asset Management (JPMAM) Luxembourg SICAV fund range. Effective today, the cost reductions are on…

Two European funds have recently loaned €10m each to a Macedonian based bank Halkbank AD in order to help develop its work with energy efficiency, the housing market, and micro and small…

The Axa Real Estate Caesar fund has recently invested €32.2m in its first purchase of a Luxembourg property. This is part of a €326.5m investment across Europe. The Monnet 6 building located…