Equiom has acquired HF Fund Services Ltd, a provider of non-executive independent directors to alternative investment funds and investment management companies which was founded in 2007 by Sean Flynn and Patrick Harrigan.
Deals & Transactions
Injective Protocol, a fully decentralised derivatives exchange protocol, has raised USD2.6 million dollars in a seed funding round led by Pantera Capital with participation from institutional investors including QCP's investment arm QCP Soteria, Axia8 Ventures, and OK's strategic investment partner K42.
Investcorp, a global provider and manager of alternative investment products, has held the final closing of a cEUR250 million collateralised loan obligation (CLO), known as Harvest CLO XXIV DAC (Harvest XXIV).
Options, a provider of cloud-enabled managed services to the global capital markets, has connected to production trading and test services B3 – Brasil Bolsa Balcão in São Paulo, Brazil.
The London Derivatives Exchange (LDX) has selected exchange tech specialist Exberry to provide matching engine technology. The partnership will enable LDX to launch global markets and cover a wide spectrum of asset classes.
EEX's Power Spot segment Intraday markets continued their growth trend in June, increasing by 15 per cent year-on-year to 9.1 TWh.
Growth Capital Partners (GCP) has acquired a minority stake in CubeLogic, aprovider of enterprise risk management solutions for the energy, commodities and financial markets.
Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
Wells Fargo’s alternative investment feeder fund platform, which supports a full suite of alternative investment solutions including hedge funds and direct private investments, is to be acquired by iCapital Network.
Backstop Solutions Group (Backstop), a cloud-based productivity suite for institutional and alternative investors, and Mercer, a business of Marsh & McLennan, have formed a strategic alliance which will make Mercer’s institutional investment data, forward-looking research and ratings available through Backstop’s platform.