| American International Group, Inc., a finance and insurance corporation with approximately $498 billion AUM | Covenant Credit Partners, a North Carolina-based investment management company that oversees two CLOs through which it manages approximately $900 million of broadly-syndicated leveraged loan collateral | Acquisition
(terms not disclosed) |
| Dyal Capital Partners, a division of Neuberger Berman Group focusing on acquiring minority equity interests in institutional alternative asset management businesses | Vector Capital, a global private equity firm specializing in transformational investments in established technology businesses with approximately $3.8 billion of capital under management | Acquisition of a passive, non-voting, minority stake
(terms not disclosed) |
| Federated Investors, Inc., a United States-based investment manager with 108 fund and a variety of separately managed account options and approximately $397.6 billion in assets | Hermes Fund Managers Limited, a U.K.-based asset manager serving the wholesale and institutional markets with approximate EUR 33 billion AUM | Acquisition of majority interest with a purchase price of approximately $350 million for a 60 percent interest will be funded through a combination of cash and an existing revolving credit facility, and put/call provisions for purchasing additional shares over the next three to six years |
| Fidante Partners, an international investment management business with approximately $56 billion in AUM | Latigo Partners, L.P., a New York-based fund manager specializing in event-driven investing, including distress securities, special situations and long/short credit and equity investing | Acquisition of a minority interest
(terms not disclosed) |
| FIS Group, a Pennsylvania-based institutional investment firm specializing in global and non-US strategies with approximately $5.6 billion in AUM | Piedmont Investment Advisors, LLC, a North Carolina-based institutional money management firm specializing in active, passive and structured beta equity strategies and core fixed income management with approximately $4.7 billion in AUM | Acquisition
(terms not disclosed) |
| Hellman & Friedman, a California-based private equity firm that focuses on investing in business franchises and serving as a value-added partner to management | Financial Engines, an investment adviser with approximately $169 billion AUM | Acquisition through an all-cash transaction paying Financial Engines shareholders $45 per share in cash for an aggregate value of approximately $3.02 billion |
| LaSalle Investment Management, Inc., a global real estate investment manager with approximately $60 billion AUM | Aviva Investors’ Real Estate Multi-Manager, with approximately $7 billion AUM | Acquisition
(terms not disclosed) |
| LaSalle Investment Management, Inc., a global real estate investment manager with approximately $60 billion AUM | Encore+ Fund, a diversified Continental European real estate fund with a gross asset value of approximately EUR 1.7 billion | Acquisition of Aviva Investor’s interest in the joint management of the fund whereby LaSalle will become sole manager
(terms not disclosed) |
| Schonfeld Strategic Advisors LLC, an investment advisory firm with more than $20 billion in gross market value | Folger Hill Asset Management, a New York-based hedge fund with more than $1 billion in AUM | Acquisition in which Folger Hill’s parent company, Leucadia National Corp. and its founder Sol Kumin will receive a revenue share in Schonfeld’s fundamental equity business |
| White Oak Equity Partners, a New York-based private equity firm that purchases non-controlling GP interest in alternative asset manager firms with less than $2B in AUM | FCO Advisors LP, a limited partnership operating as a private municipal credit focused investment fund with more than $1 billion in AUM | Acquisition of minority interest
(terms not disclosed) |