Former Co-operative Group chief executive Barry Tootell said he and other company executives had doubts over the capability of the mutual fund to acquire 632 Lloyds Banking Group branches for USD750 million.
Fund of funds
While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.
Private equity firms Carlyle Group and AlpInvestment Partners assumed the management of two fund of funds in Indiana.
A report by Reuters said the managers at exchange-traded funds (ETFs) employed a passive approach on stocks traded after its debut on the bourse.
Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.
Private equity veterans launched a new technology to secure investor data collaboration called TopQ.
JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.
An oversubscribed fourth Asia fund was closed by Lombard Investments with an amount of USD350 million.
AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Panda Power Funds provides financing for the construction of a new power plant from Moxie Energy.
Sequoia Capital raises US$1.1 billion of funds from five new ventures in Israel, China and the United States.
The traditionally exclusive and sophisticated hedge fund investing market is now expected to be more open to the public through the partnership of Blackstone Group and Fidelity Investments, Reuters claimed.
Cincinnati-based investment firm CincyTech gained US$10.9 million in additional capital from Ohio Third Frontier and Southwest Ohio partners.