Troubled Franco-Belgian bank Dexia is set to sell various wealth management and investment-related businesses based in Luxembourg or tracing their origins to the group’s bank in the grand duchy, Dexia-BIL, as part of a rescue plan also involving fresh aid from the French and Belgian governments. French prime minister François

A team from Guernsey’s fund industry hosted an event in Luxembourg last month aimed at boosting cooperation between the two jurisdictions. The Guernsey delegation hosted a lunch debate to discuss the ways in which service providers in the two centres can work together more effectively for mutual benefit. Fiona Le

Cantor Fitzgerald & Co, has expanded its private securities business with the formation of Cantor Private Markets Group, offering clients alternative investment opportunities including private company stock, private real estate investment trusts, and private equity and hedge fund interests.   Expanding on Cantor’s equities and structured products divisions, the Private

Private Equity firms invested about USD2,249 million across 98 deals during the quarter ended September 2011, according to a study by Venture Intelligence, a research service focused on Private Equity and M&A transaction activity. The latest figures take the total PE investments in the first nine months of 2011 to

While nearly everyone in the private equity space agrees that there has been an increased focus on portfolio transparency and client reporting over the past few years, investors remain dissatisfied with the information they receive from managers, according to a global survey report released today by SEI (NASDAQ: SEIC) in

Generator Hostels, the European hostel operator serving over 70,000 visitors a month, backed by leading pan-European private equity group Patron Capital, has launched Ireland’s newest and biggest hostel, in Smithfield Square, Dublin.   The Dublin launch is part of a wider expansion plan that will see the Generator concept rolled

Private equity fund manager Platina Partners LLP (Platina) and Swedish onshore wind developer Arise Windpower AB, have completed Sweden’s largest ever wind project financing, the EUR336 million, Jädraås windfarm. At 200MW, the project – to be built in two phases – will be one of the largest onshore wind farms