Wednesday, 27 August 2014
Last updated 5 hours ago
Mar 14 2008 | 10:31am ET
Alternative asset manager GLG Partners has teamed up with Beijing, China-based investment and consultancy firm Origo Sino-India to explore private equity opportunities in the fast-rising Asian markets.
Origo has agreed to provide GLG with research services for three years for a fee of £3 million (US$6 million) that will include analysis, evaluation and generation of investment opportunities in the Chinese and Indian markets. In addition, GLG has agreed to invest approximately £17.1 million (US$34 million) in Origo through the placement of new Origo ordinary shares. Following completion of the placement, GLG will own approximately 29.6% of the outstanding share capital of Origo.
“Origo owns an interesting portfolio of proprietary investments primarily in China and India and has an exciting pipeline of investment opportunities in these markets”, said Greg Coffey, a Senior Managing Director of GLG.
GLG’s funds also own investments in Origo Resource Partners, an investment fund to which Origo is a consultant.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...