Partners N Profit

Partners N Profit

Private Equity Industry Outlook Improves According to New Survey Report by Rothstein Kass
NEW YORK, July 26 /PRNewswire/ -- Approximately one-third of private equity firm managers believed that the credit crisis was resolved in 2009, while an additional 10 percent predicted that market weakness would dissipate before the second half of this year.

BNY Mellon Reports Second Quarter Continuing EPS of $0.55 or $668 Million Vs. $0.23 or $267 Million in the Second Quarter of 2009
NEW YORK, July 20 /PRNewswire-FirstCall/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported second quarter income from continuing operations applicable to common shareholders of $668 million, or $0.55 per common share, compared with $267 million, or $0.23 per common share, in the second quarter of 2009 and $601 million, or $0.49 per common share, in the first quarter of 2010. "Our focus on winning new business and providing exceptional client service resulted in solid growth in securities servicing fees and continued long-term asset inflows for our asset and wealth management businesses.

U.S. Venture Capital Industry Expected to Shrink While Emerging Markets Grow: Deloitte, National Venture Capital Association Study
NEW YORK, July 14 /PRNewswire/ -- Venture capitalists in the United States widely expect their industry to contract while those in emerging markets, including China, India and Brazil, expect to see their ecosystem expand over the next five years, according to the 2010 Global Venture Capital Survey by Deloitte and the National Venture Capital Association.

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Williams Partners L.P. and Williams Pipeline Partners L.P. Announce Merger Agreement
TULSA, Okla., May 24 /PRNewswire-FirstCall/ -- Williams Partners L.P. (NYSE: WPZ) and Williams Pipeline Partners L.P. (NYSE: WMZ) announced today they have signed a merger agreement.  It is anticipated that the associated Form S-4 Registration Statement and Joint Proxy Statement/Prospectus will be filed shortly with the Securities and Exchange Commission. Merger Agreement Terms Under the terms of the merger agreement, public WMZ common unitholders will receive 0.7584 WPZ common units for each WMZ common unit they own at the effective time of the merger.  As a result of the merger, all currently outstanding WMZ common units and WMZ subordinated units will be extinguished, and Williams Pipeline Partners will be indirectly wholly owned by ...

Private Equity Allocations Will Hold Steady or Rise in Coming Years, According to New Research by BNY Mellon and Private Equity International
NEW YORK and LONDON, May 17 /PRNewswire-FirstCall/ -- Nearly four out of five private equity investors, or limited partners, say their allocations to the asset class would remain at current levels or increase in the coming years, while most private equity firms, or general partners, were optimistic about their future, according to new research released today by BNY Mellon and Private Equity International.

BNY Mellon Announces Leadership Transition for Asset Management
NEW YORK, May 10 /PRNewswire-FirstCall/ -- BNY Mellon announced today that Jonathan Little and Mitchell Harris will co-head the company's asset management business on an interim basis following the departure of Ronald P.

Abraaj Capital the Only Private Equity Group from Outside North America, Europe in Global Top 50 Ranking
DUBAI, UAE, May 5, 2010 /PRNewswire/ -- - Abraaj Capital Enters Private Equity International 2010 Ranking of 50-Biggest Global Private Equity Groups - Abraaj Capital the Only Private Equity Group From Emerging Markets in Top 50 - Abraaj Capital Raises US$ 6.46 bln During the Last Five Years Abraaj Capital, which invests in the growing Middle East, North Africa and South Asia (MENASA) region, has become one of the 50-biggest private equity groups in the world, according to a ranking by London-based Private Equity International (PEI), the leading magazine for the private equity industry. Abraaj Capital, which has raised US$ 6.46 billion during the last five years, is the only private equit...

Private Equity International Releases the PEI 300, the Industry's Annual Ranking of Private Equity Firms by Size
May's issue of Private Equity International magazine to explore the 2010 list in depth; Industry's definitive ranking by size once again shows growth of private equity market worldwide.

2009 Was an Active Year in Leasing of Industrial Space Despite Challenging Market Conditions for Cohen Asset Management, Inc., and its Affiliates
Private Equity Real Estate Investment Firm, Cohen Asset Management, Inc., and its Affiliates, 2009 was Active Year in Leasing of Industrial Space despite Challenging Market Conditions




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