Global

GLOBAL - The Bank of Ireland Group (BOI) has established a joint venture with Paul Capital Partners (PCP), a leading US private equity specialist, to provide private equity fund of funds products and advisory services to institutional and other investors...

GLOBAL - A consortium involving the Canada Pension Plan (CPP) has purchased 92% of shares in Chilean electricity transmission firm Transelec in a deal worth C$1.75bn (US$1.55bn).

GLOBAL - Dale Gifford, chief executive officer of Hewitt Associates since 1992, will retire as chairman and CEO at the end of December.

GLOBAL - Canadian pension fund giants OMERS and CPP are helping to raise the stakes in the takeover battle waged between rival consortiums for Associated British Ports Holdings, with latest bids valuing the group at almost £2.58bn.

GLOBAL - The number of investment research providers capable of fully integrating extra-financial issues within investment analysis is growing with nine companies rated the best at providing this service.

GLOBAL - BNP Paribas Asset Management (BNPP AM) is pursuing an agreement to acquire full ownership of Fisher Francis Tree and Watts (FFTW), a US based global fixed income asset manager.

GLOBAL - Goldman Sachs Asset Management increased its assets under management by 4% to US$593bn during the second quarter of 2006.

GLOBAL - The massive size of some occupational funds will play an increasing role in future merger & acquisition deals, according to Lane Clark & Peacock (LCP) M&A head David Lane.

GLOBAL - A Goldman Sachs-led consortium including Borealis, the OMERS-owned Canadian infrastructure investment vehicle, has agreed to buy Associated British Ports (ABP) for £2.5bn, it emerged today.

GLOBAL - The C$122bn Caisse de dépôt et placement du Québec has announced it will invest up to £1.2bn (C$2.4) as part of the consortium which recently purchased BAA.