Tag Archives: private wealth

CVC Agrees to Acquire Marathon in $1.2 Billion Transaction to Build a Global Multi-Asset Credit Platform

(IN BRIEF) CVC has agreed to acquire Marathon in a cash and equity transaction valued at up to $1.2 billion, significantly expanding its global credit platform and strengthening its presence in the US market. The combination will increase CVC Credit’s … Read the full press release

CVC and AIG Establish Strategic Partnership Across Credit SMAs and Private Equity Secondaries

(IN BRIEF) CVC has formed a strategic partnership with AIG to support AIG’s long-term investment strategy through customized solutions across credit and private markets. The collaboration includes the creation of large-scale credit-focused separately managed accounts, with up to $2 billion … Read the full press release

Barclays Appoints Khaled El Dabag and Walid Mezher as Joint CEOs to Accelerate Middle East Growth

(IN BRIEF) Barclays has appointed Khaled El Dabag and Walid Mezher as Co-CEOs for its Middle East region, reporting to BBPLC President Stephen Dainton. El Dabag, with 25 years of investment banking experience in Dubai and New York, has led … Read the full press release

Savills analysis: real estate now accounts for fifth of the wealth of world’s ultra high net worth individuals

London, UK, 17-1-2014 — /EuropaWire/ — Private wealth is increasingly shaping the world’s real estate markets and the use of private equity in major property deals worth at least US$10 million has nearly trebled since 2009. Real estate now accounts for around … Read the full press release