The European Energy Exchange (EEX) has successfully completed the 100 per cent acquisition of UK based software company, KB Tech Ltd (KB Tech).
Deals & Transactions
Alternative investment management team Evanston Capital Management's (ECM) management team has completed the purchase of the minority equity stake owned by certain private investment funds affiliated with TA Associates (TA).
Financial technology platform iCapital Network, which provides financial advisers and their clients with access to a curated menu of private equity and hedge funds at lower minimums, has closed a USD146 million funding round.
AXA Investment Managers (AXA IM) has unveiled plans to incorporate its Chorus hedge fund business into a new global alternative investment platform to be known as AXA IM Alts.
ACA Compliance Group (ACA), a provider of governance, risk, and compliance (GRC) advisory services and technology solutions, has become a global sponsoring partner of the Alternative Investment Management Association (AIMA).
Nasdaq has acquired Solovis, a privately-held financial technology company offering multi-asset class portfolio management, analytics and reporting tools across public and private markets.
Alternative investment manager FS Investments (FS) has closed its previously announced acquisition of Chiron Investment Management (Chiron).
Pretium Partners has acquired the investment management business of Latigo, a fund manager that specialises in event-driven investing with strategies including distressed securities, special situations and long/short credit and equity investing.
IQ-EQ has acquired Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers in a deal that IQ_EQ says makes it a major player in the US private equity and hedge fund services market.
Matchbook, the talent marketplace for the financial services industry, has entered into a strategic alliance with Argyll & Buchanan (A&B), a provider of prime brokerage solutions for startup and emerging managers, to provide clients with best-in-class recruiting technology and executive search services to help them grow their business.