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Apollo Management

Apollo Global Sharholdings to Undergo Major Changes

Apollo Global's two founders and other cornerstone investors have committed to sell off part of their shareholdings.

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Hochtief

Hochtief Sells off Airport Management Division

Hochtief AG is returning to its construction roots by the sale of its airport management division.

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Plexus Capital

Plexus Capital Raised US$150 Million

Plexus Capital raises US$150 million with an equal counterpart from the Small Business Association to create Plexus Fund III worth US$300 million.

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CalPERS

Calpers City Member Quits Fund

In an unprecedented move, Canyon Lake City has opted out and terminated its contract with Calpers.

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Lloyds TSB

Cathedral Capital Up for Sale

Cathedral Capital offered for sale by Lloyd's of London.

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MGM Resorts International's chief executive remains bullish on Macau despite slow Chinese gambling

Toronto Casino nearing approval for Cadillac Fairview and MGM

The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.

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handshake

Tengram Overshoots Target for Fundraising

Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.

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Bain Capital

Bain's New Fund nearing Completion

Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.

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Brazilian Flag

ABVCAP Seeks Adjustments for Venture Capital and Private Equity Investments

ABVCAP is discussing with government regulators on means to expand investment means for venture capital and private equities.

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Emerging Markets

Cordiant Capital to offer emerging market loans

Cordiant Capital would be offering loans to emerging markets through its Cordiant Emerging Loan Fund IV.

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MISC Berhad

Petronas Revises Offer for EPF Shares

The Petronas shareholdings increased after it submitted its revised offer to EPF for its shares for MISC.

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Investors raise $11 B to finance British rental homes

In anticipation of a housing shortage and the prospect of higher returns, some 30 institutions plan to invest $11 billion on rental homes in Britain.

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Petronas' Bid for Progress Energy Blocked by Canada

MISC Bhd Receives Higher Bid from Petronas

Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.

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Petronas

Petronas Sweetens Deal for MISC Bhd

Petronas, the Malaysian state backed oil and gas firm, has increased the offer made per share.

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Currency

Pension Funds Zealousness May Be Its Own Undoing

Pension funds, seeking returns for their holders, enter into riskier ventures that can make or break them.

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