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Fund Management: Global Overview – Lexology
This article is an excerpt from GTDT Fund Management 2022. Click here for the full guide. I would like to thank the contributors of this 2022 edition of Lexology Getting the Business Through Funds Management. Colleagues from Morgan Lewis and other experts from around the world provided insightful insight into key legal considerations for the …
Aston Martin drops out after fundraising
Aston Martin drops out after fundraising 09:10 GMT – Aston Martin Lagonda Global Holdings tumbles 9% after a report claimed the sports car maker is looking to raise money to boost its finances as it ramps up investment in new technologies such as electrification. A spokesman for Aston Martin said the company does not comment …
The Federal Bank plans to raise funds by issuing securities
Events today Matrimony.com: Last day to buy to be eligible for buyback The Federal Bank plans to raise funds by issuing securities Hindustan Copper plans to raise funds via equity/NCD issuance REC will study a proposal for a free share issue plan Maruti Suzuki: Brezza launches in 10 new variants FnO Monthly Expiry India to …
Manappuram finance council approves fund raising up to Rs 770 cr
NBFC announced on Thursday that the Financial Resources and Management Committee of the Board of Directors has approved the raising of funds up to Rs 770 crore via non-convertible debentures (NCDs), on a private placement basis. In an exchange filing, Manappuram Finance said the special committee of the board approved the issuance …
TTI Enterprise Ltd Board Approves Stock Split and Fundraising
The Board of Directors of TTI Enterprise Ltd, at its meeting of June 28, 2022, considered and approved the subdivision of the equity shares of the company from the existing share of one (1) share with a par value of Rs. 10/- each into five (05) shares of capital of par value Re. 2/- each, …
Mid-Year Market Update – Fund Management/ REITs
June 28, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. As we approach the end of the second quarter, look forward to the FFA’s 6th Annual European Funding Symposium next week in London and keep a close eye …
Shriram Transport Board Plans Fund Raising
NBFC announced on Tuesday that its board would consider raising funds by issuing redeemable non-convertible debt securities including bonds in the onshore/offshore market via private placement and/or public offering. In this regard, the meeting of the Banking and Finance Committee, the Debt Issuance Committee and the Allocation Committee of the company will …
Donnelly takes flight with Air Ambulance NI fundraiser
Donnelly Group is ready to reach for the skies with a year of fundraising for Air Ambulance NI in a new charitable partnership. Based in County Tyrone Automotive Distribution Group AM100 will follow his £14,000 efforts to benefit Aware NI in 2021 – including a dragon boat race along the River Lagan and a one-day …
Hindustan Copper Board Plans to Raise Funds through QIP Issuance and NCD Issuance
June 30, 2022 The Hindustan Copper Board of Directors will meet on June 30, 2022 to consider (i) raising funds through the issuance of shares through the Qualified Institutional Placement method to the extent of 9,69,76,680 shares with a par value of Rs.5/- each of the Company in one or more tranches …
The Federal Bank wins in the board of directors to think about a fundraiser on June 30
Federal Bank rose 1.29% to Rs 90.50 after the bank said its board would consider raising funds on Thursday, June 30, 2022. The bank plans to raise funds either through rights issue, private placement, preferential issue, new public offering (FPO), qualified institutional placement (QIP), global certificates of deposit (GDR), American certificates of …
Goldman Sachs to Acquire Celsius Network in $2 Billion Fundraising
The world’s largest financial firm, Goldman Sachs, has begun considering acquiring assets from Celsius Network, a struggling crypto lending startup. According to publicly available data, Goldman Sachs is preparing a monetary cash reserve of $2 billion for the investment. If the sale fails, it will most certainly be at a significantly reduced cost, especially if …
Preparation for KID PRIIPs for UCITS – Fund management / REIT
To print this article, all you need to do is be registered or log in to Mondaq.com. As of January 1, 2018, the PRIIPs Regulation (EU) 1286/2014 introduces a mandatory key information document (“PRIIPs KID”) for packaged retail and insurance-based investment products (“PRIIPs”), including investment funds, which are made available to retail investors in the …
Board of Directors of Salasar Techno Engg approves fundraiser worth Rs 200 cr
The engineering firm’s board on Wednesday approved raising up to Rs 200 crore via several fundraising options and raising borrowing limits to Rs 700 crore. The company’s Board of Directors has approved the raising of up to Rs 200 crore through the allotment of shares through a preferential allotment and/or through Qualified …
Alternative Investment – Advantages of Maltese Hedge Funds – Fund Management/ REITs
June 21, 2022 Dixcart Group Limited To print this article, all you need to do is be registered or log in to Mondaq.com. Key facts about Malta Malta became an EU member state in May 2004 and joined the Eurozone in 2008. English is widely spoken and written in Malta …
Evergen to invest more in solar and battery drives after FRV-led fundraising
Evergen, a New South Wales-based energy software company, said Australia’s change of federal government had served as a “green light for investors” after it closed a $A15 million fundraising round. led by FRV-X, a division of global renewable energy developer Fotowatio Renewable Enterprises. The $15 million investment, which Evergen says is the largest to date, …
Ocado raises £578m via cut price fundraising
By Ian Walker and Anthony O. Goriainoff Ocado Group PLC said Monday evening that it had raised 578 million pounds ($708.1 million) through the equity placement, subscription and retail offering announced earlier in the day, and that it would use the money to fund existing and expected customer commitments. The British online grocer and retail …
BHM Capital Receives Fund Management License from SCA
Dubai – BHM Capital Financial Services has obtained the fund management license from the UAE Securities and Commodities Authority (SCA) to establish and manage investment funds. The license is part of the company’s strategy to offer various financial instruments to meet investors’ needs and to work with one of the country’s top-ranked companies, according to …
Vodafone Idea board plans to raise funds up to Rs 500 cr
June 22, 2022 The Board of Vodafone Idea will meet on June 22, 2022 to consider the proposal to raise funds totaling up to Rs. 500 crore, by way of issuance of shares and/or convertible warrants on a basis preference to one or more entities belonging to the Vodafone group (one of …
Chennai Buzz: Company Fines Contractors | Shelters are facing a shortage of funds…and more!
Wastewater flows into the Kosasthalaiyar. Photo: Raghavan Lokesh Chennai Metro Phase 2 Progress and Promise of Accessibility The elevated metro line between Porur and Poonamalle as part of phase 2 will have a total of 453 pillars. Of this number, 111 pillars have already been erected as part of the advancement of this line. The …
Toprankers announces Rs 31 crore funding round from Sixth Sense Ventures
Ed-tech platform Toprankers has raised four million dollars (Rs 31.3 crore) in Series A funding from consumer fund Sixth Sense Ventures. According to Gaurav Goel, CEO of Toprankers, the company plans to use the funds to improve existing products, develop new products, expand its hybrid coaching centers and grow its marketing reach and technology platform. …
Key Challenges and Considerations for New Fund Managers – Fund Management/ REITs
Hawksford has had great success over the years helping managers launch their first private equity funds. Our position within Jersey’s wider ecosystem of multi-disciplinary experts and our established relationships with these trusted partners have enabled us to support many new managers, many of whom have gone on to launch much larger vehicles. We’ve seen a …
Structured products in Jersey… An alternative to funds? (AMCS) – Fund Management/ REITs
June 14, 2022 Collas Crill To print this article, all you need to do is be registered or log in to Mondaq.com. What is a structured product or AMC and why is it important? Described simply, structured products are a contract with a bank or an issuer and the contract has a predefined …
Japanese philanthropic group launches fundraiser for Ukrainians
TOKYO (AP) — A Japanese foundation announced Monday that it is launching a fundraising campaign to provide more than 1,200 Ukrainian evacuees in Japan with additional financial support for language studies and other needs. Jumpei Sasakawa, executive director of the Nippon Foundation, said it aims to raise 1 billion yen ($7.4 million) through cooperation with …
Marketing communications: keep it simple; Keep It Short – Fund Management / REITs
To print this article, you just have to be registered or connect to Mondaq.com. The desire to complicate things too much in your marketing communications can be irresistible. When it comes to writing your marketing deck, the intention, of course, is always to clarify rather than over-complicate. You want to provide details so …
EEA Fund Management (Guernsey) Limited And Another v Coventry Capital US LLC: Royal Court Reiterates Cost Principles In Guernsey Proceedings – Fund Management/ REIT
Ogier successfully represented EEA Fund Management (Guernsey) Limited in this matter. In the recent decision on EEA Fund Management (Guernsey) Limited and EEA Life Settlements Fund PCC Limited v Coventry Capital US LLC the Royal Court of Guernsey reaffirmed and applied the principles applicable to the award of legal costs payable by one party to …
Private Equity Funds in Guernsey – Fund Management/ REITs
Guernsey Private Equity Fund (FIP) recognizes that for some promoters, the nature of target investors warrants a more flexible, cost-effective and timely approach to fund regulation and launch, in line with the Private Equity Funds Rules and Guidance, 2021 (FIP Rules). It’s popular with both new promoters looking to launch their first fund and existing …
EEA fund management (Guernsey) limited and other against Coventry capital US LLC: the royal court reiterates the cost principles in the Guernsey proceedings
Ogier successfully represented EEA Fund Management (Guernsey) Limited in this matter. In the recent decision on EEA Fund Management (Guernsey) Limited and EEA Life Settlements Fund PCC Limited v Coventry Capital US LLC the Royal Court of Guernsey reaffirmed and applied the principles applicable to the award of legal costs payable by one party to …
Circular CSSF 22/811 On UCI administrators – Fund management/REIT
June 06, 2022 ELVINGER HOSS PRUSSEN, public limited company To print this article, all you need to do is be registered or log in to Mondaq.com. On 16 May 2022, the CSSF issuedCircular 22/811relating to the authorization and organization of entities acting as UCI administrators (“Circular”), which rewrites and repeals Chapter D of theCircular IML …
The Mather Group acquires Louisville Firm, Multi-Fund Management | national company
CHICAGO–(BUSINESS WIRE)–June 2, 2022– The Mather Group, LLC (TMG), a wealth management firm with 11 offices across the country and more than $8.3 billion in assets under management (AUM, as of 03/31/22), announced its acquisition of Multi-Fund Management Ltd (MFM), a registered investment advisory firm (RIA) based in Louisville. MFM was founded in 1994 and …