Quant Insight (Qi), a new quantitative financial market analytics and trading insights provider, has announced a major scale up after four years of research and development and over USD10 million in funding from three investment rounds.
Finance & Insurance
Northern Trust is to take an equity stake in Essentia Analytics, a provider of behavioural analytics and consulting services.
JTC has acquired Ballybunion Capital Limited (Ballybunion), a boutique asset manager based in Ireland. The initial consideration will be settled in cash and JTC equity. A further deferred consideration is available on the achievement of performance targets in the current year.
JTC, a global professional services business, has acquired Segue Partners (Segue), a fund services provider head-quartered in St Louis, Missouri, USA.
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, has completed the acquisition and merger with Bybrook Capital (Bybrook).
Suntera Global has continued its growth strategy with the acquisition of Reference Financial Services SA (Luxembourg), a boutique fund administration and corporate services firm.
In a drive to better serve its clients and increase transparency and understanding of private markets, Preqin — a specialist in alternative assets data, analytics and insights — has acquired Colmore, a private markets technology, services and administration business.
B Riley Financial, a diversified provider of business advisory and financial services, has acquired the investment advisory business of 272 Capital.
KB Associates (KBA), a professional services firm advising investment funds and asset managers, has completed its acquisition of EFG Fund Management, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group (EFG).
Broadridge Financial Solutions has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge's recent acquisition of Itiviti.