Connect with us

SWFI First Read, March 4, 2016

Published

on

Robbins Geller Rudman & Dowd LLP Secures Class Certification in Securities Class Action Against Covisint Corporation

Robbins Geller Rudman & Dowd LLP, a securities law firm, is representing a group of investors in a lawsuit against Detroit-based Covisint Corporation. The suit alleges Covisint, certain of its officers and directors and the underwriters of the initial public offering (IPO) with violations of the Securities Act of 1933. Covisint provides a cloud engagement platform for enabling organizations to securely connect, engage and collaborate with large, distributed communities of customers, business partners and suppliers. In the IPO, the company sold 6.4 million shares of Covisint common stock to the public at US$ 10 per share, raising approximately US$ 64 million in gross proceeds for the company.

The case is Desrocher v. Covisint Corp., No. 1:14-cv-03878 (S.D.N.Y.).

Miramax Finds a Buyer in Qatar

Miramax, the film studio formed by brothers Harvey and Bob Weinstein in 1979, has found a new owner. Miramax owns movies such as “Pulp Fiction”. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Chinese SAFE Investment Company Sells Off Stake in Ropemaker Place

Published

on

Singapore-listed property company Ho Bee Land, acquired a prime office at 25 Ropemaker Place, EC2, located in the City of London, for £650 million. The property went up for sale in December 2017.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Norway SWF Adds to Existing Investment in Central London

Published

on

On June 15, 2018, Norges Bank Real Estate Management, the manager of Norway Government Pension Fund Global, acquired 25 percent of a long leasehold interest in 30 Warwick Street in central London, in joint venture with The Crown Estate. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Crown Property Bureau Moves Assets to Thailand King Under 2017 Law

Published

on

In December 2016, Crown Prince Maha Vajiralongkorn became King of Thailand, succeeding his father King Bhumibol Adulyadej who passed away in October 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.