Quantile Technologies (Quantile), a provider of portfolio optimisation services for hedge funds and other financial institutional engaged in OTC derivative transactions, has secured a USD51 million (GBP38 million) minority investment from Spectrum Equity
Deals & Transactions
Carne Group, a digitally driven platform for the asset management industry, has secured a EUR100 million investment from Vitruvian Partners.
TIG Advisors, the New York-based alpha-focused manager which makes growth equity investments in alternative asset management firms, has bought a minority stake in Hong Kong-based credit and distressed situations specialist Arkkan Capital.
Norwegian Block Exchange (NBX) has secured a NOK60 million investment arranged by sole manager and book runner Pareto Securities – a leading investment bank in the Nordics.
Options Technology, a provider of IT infrastructure to global capital markets firms backed by Abry Partners, is ti acquire Fixnetix, a DXC Technology Company.
Foreign exchange specialist Ballinger & Co (Ballinger) has entered into a partnership with global financial brokerage ED&F Man Capital Markets Ltd (MCML).
IQ-EQ has completed the acquisition of Constellation Advisers, an industry leading US co-sourced and outsourced investment management services provider, following receipt of all necessary regulatory approvals.
Sudrania Fund Services Corp (Sudrania), a cloud-computing enabled fund administrator, has acquired the primary assets of Triple Leo Consulting (TLC), a Philadelphia-based fund administrator that specialised in crypto and digital assets fund administration.
Cboe Global Markets has completed its acquisition of BIDS Trading, a registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS), the largest block-trading ATS by volume in the US.
London-head-quartered asset management consultancy, MJ Hudson, has acquired fund and portfolio performance specialist PERACS.