Deals and Transactions

Pound coin

ICAP to acquire PLUS Stock Exchange for GBP1

Interdealer broker ICAP has agreed to acquire PLUS Stock Exchange plc (PLUS), the smaller company equity exchange for GBP1 in cash subject to PLUS Markets Group plc shareholder consent and FSA approvals. »

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GSAM acquires Dwight Asset Management from OMAM

Goldman Sachs Asset Management (GSAM) has completed its acquisition of Dwight Asset Management (Dwight), a Vermont-based stable value money manager, from Old Mutual Asset Management (OMAM). »

Ken Mehlman, Head of Public Affairs at KKR

KKR forms partnership with Transparency International

Kohlberg Kravis Roberts & Co has formed a partnership with Transparency International, the global anti-corruption non-governmental organisation. »

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Northern Trust wins GBP345 million mandate from The Nesta Trust

Northern Trust (Nasdaq: NTRS) has been appointed by The Nesta Trust to provide custody and related services for GBP345 million (approximately USD550 million) in charity assets. »

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RBI guidelines may be long-term boost for securitisation

The Reserve Bank of India's (RBI) guidelines on securitisation transactions could promote the long-term growth of the Indian securitisation market, pending clarity on the tax treatment of Pass-Through-Certificates (PTCs), Fitch Ratings says. »

Document signing

Bermuda signs double taxation agreement with Qatar

Bermuda has signed a Double Tax Agreement (DTA) with the State of Qatar. This is the second such agreement for Bermuda. The other DTA is with Bahrain. »

Julian Korek, a Founding Member of Kinetic Partners

Kinetic Partners opens new CI office

Kinetic Partners has opened a new office Jersey, the firm’s first presence in the Channel Islands. »

Tom Carey, corporate partner, Carey Olsen

Carey Olsen and KPMG act for Alcentra on LSE fund IPO

CAREY Olsen and KPMG in Guernsey have advised Alcentra on the launch of the Alcentra Europe Floating Rate Income Fund Limited. »

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Guggenheim Partners launches Guggenheim International

Guggenheim Partners has established Guggenheim International, a new division dedicated to building cross-border strategic partnerships and providing solutions to sovereign, institutional, corporate, and high-net-worth clients across the globe. »

person holding up a large red tax word

New Luxembourg/Germany double tax treaty may impact German inbound investment structures, says Dechert

On the 23 April 2012, Germany and Luxembourg signed a new Double Tax Treaty ("the Treaty") which is to replace the previous treaty dating back to 1958. And according to Dechert, the new Treaty may impact on many US, UK and other non-German investors as Luxembourg is often used as a tax efficient jurisdiction for German inbound investments (particularly used by funds, private equity and real estate investors). »

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