Regions

Global group Zurich Financial Services (ZFS) has restructured its management as part of its streamlining exercise.

Prudential Capital Group, a mezzanine fund sponsor and investment management business of the Prudential Insurance Company of America have closed a $619m mezzanine fund focused on middle-market companies.

The UK's largest friendly society, Liverpool Victoria, has acquired the Royal National Pension Fund For Nurses (RNPFN) in a deal worth £248m.

Global fund manager Zurich Scudder Investments Limited has posted new business wins of more than $1bn from the firm's UK and European institutional teams to date this year.

The £5bn West Yorkshire Pension Fund has chosen Aberdeen Murray Johnstone Private Equity to advise on and manage a new segregated £15m private equity fund, to be called Yorkshire Investors III.

International investment house Goldman Sachs Asset Management (GSAM) has appointed Sally Marshall as an executive director, marketing to UK funds.

Gissings, the UK employee benefit advisory firms, has been appointed by DuPontSA to provide pension scheme administration and accounting services for a brand new money purchase scheme.

Hermes Focus Asset Management (HFAM) in the UK has forged an alliance with US-based Relational Investors to launch a $1bn fund to invest in underperforming American companies.

Global Investment house SG Asset Management (SGAM) has completed its 51% purchase of US fund manager TWC, making Societe Generale Group (SG) the third largest bank in euroland fund management.

International fund managers Barclays Global Investors (BGI) is to launch its first UK-based hedge fund-of-funds for institutional investors by September.