Articles tagged "Corient Capital"
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Corient just locked down its first big RIA deal of 2024 in Maine, perhaps critical to its CI Financial parent nailing down a suitcase of cash from Abu Dhabi
The $184-billion Miami rollup throttled down M&A in 2024 until scoring H.M. Payson & Co., with $7.9 billion in AUM, but its Nov. 25 take-private deal from Mubadala Capital presumes the rollup can roll up.
December 21, 2024 at 1:10 AM
CI Financial go-private deal removes Bain Capital's 14.5% PIK chokehold on Corient, CI's Miami-based RIA unit, but at the price of control
An Abu Dhabi sovereign fund will cash out Corient 'preferred' shares negotiated by Bain, in part on Abu Dhabi's behalf, but only by tossing in the cash-cow Toronto asset manager's parent firm
November 26, 2024 at 4:17 AM
Corient could become an RIA deal-making machine again and pursue its ever elusive IPO, after CI Financial moves to wipe out its debt -- now if it can only find a deal
The Toronto parent's stock rises on announcement to sell notes on the private placement market, freeing Corient to leverage up and break a 7-month deal drought.
May 22, 2024 at 4:40 AM
Why a $3 billion UHNW team in Newport Beach bolted Merrill Lynch and what breakaway bugs are reading into it
The alternating carrot/whip spurs for wirehouse mega-teams has the breakaway buggy bolting along
