Callodine Group (“Callodine”), an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire the loan portfolio and assume the employees and operating costs of Gordon Brothers Finance Company, LLC (“GBFC”).
Former TerraForm Power Inc. investors can advance their challenge to a $650 million financing deal with its majority owner, Brookfield Asset Management Inc., because Brookfield’s subsequent $1.6 billion buyout of TerraForm didn’t deprive them of standing to bring the case, a Delaware judge ruled.
Some of the most conservative real-estate funds are suffering from falling property values, putting their fund managers in a tough spot as investors look to cash out.
Health care organizations face an uphill battle financially, but the right strategies for investing and controlling PBGC premiums can help them get to the other side.
Canadian equities, as measured by the S&P/TSX Composite Index, generated a return of 4.7 percent for the quarter, with all sectors posting gains with the exception of the health care and energy sectors.