TPG-Angelo Gordon’s Combined AUM Is $208 Billion Private equity asset manager TPG Inc. is acquiring Angelo Gordon, a $73 billion credit and real estate investment firm via a cash and equity transaction valued at approximately $2.7 billion, officials say. Acquiring Angelo Gordon “marks a significant expansion into credit investing for TPG, establishing additional levers to… Read More >>
Borsa İstanbul to Buy LME’s Stake in LCH.Clearnet
Turkish exchange Borsa İstanbul will acquire the London Metal Exchange’s stake in clearinghouse LCH.Clearnet, under an agreement that will also see Hong Kong Exchanges and Clearing (HKEx), LME’s parent company, partner with Borsa İstanbul on the dissemination of market data, according to an LME statement. “Under the terms of the agreements, the LME will license… Read More >>
HKEx Board Reappoints Chairman, Picks Committee Members
The board of directors of Hong Kong Exchanges and Clearing Limited (HKEx) has reappointed Chow Chung Kong as the chairman of the board for a term to be coterminous with his directorship. The reappointment of Kong as the HKEx chairman was subject to the written approval of the chief executive of the government, Hong Kong Special… Read More >>
HKEx Board Reappoints Chairman, Picks Committee Members
The board of directors of (HKEx) has reappointed Chow Chung Kong as the chairman of the board for a term to be coterminous with his directorship. The reappointment of Kong as the HKEx chairman was subject to the written approval of the chief executive of the government, Hong Kong Special Administrative Region (HKSAR), pursuant to… Read More >>
