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Weather Investments Boosts Capital by $554 Million to Pay Debt (Bloomberg) Dec. 1 (Bloomberg) -- Weather investments SpA, the holding company that owns Italy?s Wind Telecommunicazioni SpA, said it raised capital by $554 million and will use the funds to repay some of its debt. Azizi Investments Maintains its Business as Usual (Khaleej Times) DUBAI - In a latest development, Azizi investments, one of the Gulf?s fastest growing real estate developers, today announced in a terse statement that it was ?business as usual? on its projects at Palm Jebel Ali following Nakheel?s statement on Monday.. AIG International to Sell Private Bank to Aabar Investments (Bloomberg) Dec. 1 (Bloomberg) -- AIG International Group Inc., the insurer bailed out by the U.S. government, agreed to sell its private bank unit to Aabar Investments PJSC, an investment company based in Abu Dhabi. Terms weren?t disclosed. CIC Appoints Zhou Head of Alternative Investments, Reuters Says (Bloomberg) Dec. 1 (Bloomberg) -- China Investment Corp. has appointed Zhou Yuan, a former China head for UBS AG, to lead its alternative investments, Reuters said, citing an unidentified source. University of Michigan investments have lost millions, but endowment, financial picture still strong, Coleman says (The Ann Arbor News) By Dave Gershman | The recent downturn in financial markets has hurt the University of Michigan's investments, but the overall financial picture of the university remains strong, President Mary Sue Coleman says, and U-M has not had to alter any building plans so far.? Read the story CI Investments and KBSH Capital Management announce changes to their institutional investment teams (CNW Group via Yahoo! Finance) KBSH Capital Management Inc. and CI Investments Inc. today announced that the investment teams of KBSH and Signature Global Advisors are being combined for the purpose of managing KBSH institutional mandates. AIG sells AIG Private Bank to Aabar Investments of Abu Dhabi for undisclosed sum (Minneapolis-St. Paul Star Tribune) CHARLOTTE, N.C. - American International Group Inc. on Monday said it has agreed to sell its wealth management arm AIG Private Bank Ltd. to Aabar Investments PJSC of Abu Dhabi. Shanda Games Announces Two '18 Plan' Investments (PR Newswire via Yahoo! Finance) Shanda Games , a business unit of Shanda Interactive Entertainment Limited that develops, sources, operates and publishes online game content, announced its latest investments in two leading webgame community operators, Shanghai Wei Lai Information Technology Co. Underperforming investments leave hole in Atlantic City budget (Press of Atlantic City) ATLANTIC CITY - We've all heard about the imploding investment market on Wall Street and the damage it is doing on Main Street. Now, it looks like Bacharach Boulevard is taking a hit in its investments, too. Claymore Investments, Inc. Announces it Anticipates No Annual Capital Gains Distributions for the Claymore ... (CNW Group via Yahoo! Finance) Claymore investments, Inc. announces today the estimated 2008 annual capital gains distributions for the Claymore Exchange-Traded Funds. Please be advised that these distribution amounts are only estimates as of November 18, 2008 and may change before the fund's tax year end on December 15, 2008. |
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