Gottex launches multi-asset investment program (Fund News)
Gottex, the asset management firm, has launched a global, multi-asset investment program that will invest in both alternative and traditional investments similar to those in which so-called U.S. super endowments invest.
Three private equity firms, Kohlberg Kravis Roberts, Hellman & Friedman and Bain Capital were told by Lehman that they remained in the bidding for its asset management arm.
The Federal Reserve board on Monday said it had banned Columbian Bank and Trust Co.'s holding company from taking dividends or other capital-reducing payments from the Kansas bank, which was shut on Friday.