Offering GCC investors an opportunity to reap dividends from India’s mid-income residential real estate growth, global asset management firm ArthVeda Fund Management today launched STAR Fund II with a corpus of $250 million.
The fund, which now only invests for George Soros, his family and his foundation, announced on August 4 that chief investment officer Scott Bessent would exit at the end of this year to start his own hedge-fund firm.
Sharekhan, based in Mumbai, India, is one of the country’s leading online retail broking house and a diversified consumer franchise.
Upon closing, Symetra will become a wholly-owned subsidiary of the Japanese company, which will use its cash and deposits to fund the transaction.
The insurance and wealth group is looking at opportunities to grow its Asia distribution capabilities, with a particular focus on Singapore and Thailand. But the firm is concerned with achieving scale in new markets.
As a full-service provider for Australia and New Zealand, Northern Trust offers solutions such as investment accounting and tax, unit registry services, investment operations, outsourcing and custody.