Plus Capital will focus its efforts on introducing Aristotle’s global equity strategy to qualified Australian institutional investors and their advisors.
“They have clients across world, but this is heavily focused on Australia,” said Aristotle spokeswoman Trish Ross. “This would be the first time they have had a dedicated distribution agreement with a third party in the Asia and Pacific Rim,” she said.
• • •
Pollen Gear Bought
Hermosa Beach-based Pollen Gear, which offers storage solution for cannabis products aimed at higher-end consumers and retailers, was bought by Boca Raton, Fla.-based Greenlane Holdings. Greenlane distributes pot vaporization products and consumption accessories.
Terms of the transaction were not disclosed.
Greenlane has been the exclusive distributor of Pollen Gear products over the last three years. Pollen Gear also offers consumer products and packaging to various companies, including Nike Inc., the Beaverton, Ore.-based footwear and athletic apparel-maker; Sirius XM Holdings Inc., the New York City-based provider of satellite and online radio services; Starbucks Corp., a Seattle-based coffee retail chain; and Unilever Group, the London-based consumer goods company.
• • •
B. Riley Repositions Research Arm
B. Riley FBR Inc., the investment bank unit of Woodland Hills-based B. Riley Financial Inc., said earlier this month it repositioned its research platform to refocus coverage on small and mid-cap issuers.
The firm eliminated research coverage of 70 predominately larger-cap companies to repurpose research and analysis resources toward small and mid-cap opportunities.
“At our core, B. Riley is dedicated to providing thoughtful and differentiated research on unappreciated and undervalued small and mid-cap companies well-positioned for growth,” B. Riley FBR Chief Executive Andy Moore said.
Have a deal tip? Pat Maio can be reached at firstname.lastname@example.org or (323) 556-8329.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Influential Family-Owned Businesses in Los Angeles: Morrow-Meadows Corporation
- Pollution Firm’s Technology Cleared for Coasts
- Investment Bank OKs Buyer With Stake in State
- Ares Bets Big on HVAC Provider Growth
- Regional Report
- State Storage Rule May Fuel Electric-Car Offshoot
- Deals & Dealmakers: Shakeup for B. Riley
- Arrowhead Pharmaceuticals Inc.