Friday, 27 March 2015
Last updated 1 hour ago
Mar 11 2014 | 8:40am ET
Institutional Shareholder Services is used to weighing in on acquisitions. But for the third time in seven years, it's to become one with private-equity firm Insight Venture Partners poised to buy it.
The proxy advisory service's current owner, MSCI Inc., has put ISS up for auction. Insight is seen as the likely winner of that contest, The Wall Street Journal reports, and could pay about $300 million for it.
MSCI acquired ISS when it bought RiskMetrics Group in 2010. RiskMetrics had acquired ISS in 2007, paying $553 million for it.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…