Deals and Transactions

deals and transactions
Beta

Van Eck acquires hedge fund beta business

Van Eck Associates has acquired a hedge fund beta business and team from Lyster Watson, and will be offering a suite of strategies called Trackers. »


George Sullivan, State Street

State Street to acquire Goldman Sachs Administration Services

State Street Corporation has agreed to acquire hedge fund administrator Goldman Sachs Administration Services (GSAS) from The Goldman Sachs Group, in a cash transaction with a total purchase price of USD550 million. »


Blue information sign

Capital Financial Global pursuing 40% interest in hedge fund

Capital Financial Global, Inc (OTC: CFGX), is in talks with a hedge fund to acquire a 40% interest in its management entity. »


Peter Hughes, Group Managing Director, Apex Fund Services Ltd,

Apex opens second US office

Apex Fund Services has opened its second US office in Miami, Florida. Apex has grown by 185% since 2009. »


Thumbs up

PLUS shareholders approve acquisition by ICAP

The shareholders of PLUS Markets Group have approved the sale of PLUS Stock Exchange to ICAP. ICAP will now work to complete the acquisition as soon as possible. »


Henry Kravis, Co-Founder and Co-CEO of KKR

KKR to acquire Prisma Capital Partners

KKR & Co is to acquire Prisma Capital Partners, a provider of customised hedge fund solutions. Financial terms for the transaction, which is expected to close in the fourth quarter 2012, have not been disclosed. »


Alex Price, CEO of Palmer Capital

Palmer Capital agrees deal to acquire Invista

The Board of Directors of Invista Real Estate Investment Management Holdings and the Board of Directors of Palmer Capital Investors (India) Limited have reached agreement on the terms of an offer whereby Palmer Capital will acquire the entire issued and to be issued share capital of Invista. »


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Evergreen Pacific Partners announces acquisition of Thermal Dynamics

Evergreen Pacific Partners (Evergreen) has acquired Thermal Dynamics, an Ontario, California-based supplier of advanced technology heat exchangers for the automotive, truck, motorcycles, and military equipment industries. »


Approved stamp

CFTC certifies Dow Jones Industrial Average Futures Contract Submitted by OSE

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight has certified a Dow Jones Industrial Average Futures contract submitted by the Osaka Securities Exchange (OSE). »


Laurent Guillet, Chief Executive Officer for Amundi AI

Amundi and MIM expand investment management relationship

Macquarie Investment Management (MIM) and Amundi, through Amundi Alternative Investments’ Managed Account Platform, has awarded an EUR80 million mandate to MIM’s Fixed Income and Currency team to trade G101 currencies actively. »


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