Brookfield Asset Management Inc. plans to invest in South American wind farms and hydroelectric plants to benefit from a burgeoning middle class after raising $7 billion in the world’s second-biggest infrastructure fund.
RBC Capital Markets, the investment- banking unit of Royal Bank of Canada, named former Barclays Capital executive Michael Goldberg a managing director and co- head of its U.S. equity-capital markets group.
Home Capital Group Inc., Canada’s largest alternative mortgage lender, gained the most on the Standard & Poor’s/TSX Financials Index after a regulator’s decision reduced the amount of loss-absorbing capital the bank has to hold against mortgages.
Stroock & Stroock & Lavan LLP opened a Washington office with two new partners, national security lawyer Christopher Griner and Robert E. Plaze, former deputy director of the U.S. Securities and Exchange Commission’s division of investment management.
The law firm of disbarred Florida attorney Scott Rothstein, who ran a $1.2 billion Ponzi scheme that was the state’s largest ever, moved closer to dissolution after a judge said creditors can vote on a repayment plan.