FundRock Management Company is to acquire SEB’s wholly owned subsidiary, SEB Fund Services in Luxembourg. The completion of the transaction will be subject to the CSSF’s approval for the change of control. SEB Fund Services is offering third party management
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.Latigo co-founders David Ford and David Sabath are joining Pretium
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. The newly
STP Investment Services, a provider of middle office and investment operations outsourcing, fund services and technology solutions, has expanded the breadth of its existing services with the acquisition of Accusource, an investment operations firm serving the investment management industry. The acquisition
A subsidiary of Ares Management Corporation (Ares) is to acquire a managing interest in a restructured Crestline Denali Capital (Crestline Denali) that will result in the addition of seven collateralised loan obligation funds (CLOs) totalling USD2.6 billion of assets under
Broadridge Financial Solutions has completed the acquisition of FundAssist Limited, a regulatory, marketing and sales solutions service provider to the global investments industry. Based in Dublin, Ireland, FundAssist is a natural extension of Broadridge’s governance and communications business and brings
London-based asset management consultancy MJ Hudson is to acquire the Jersey administrator, Anglo Saxon Trust (AST), subject to Jersey Financial Services Commission regulatory approval and certain other conditions. AST is an established provider of company and trust formation, registrar and
Confluence Technologies, a specialist in investment data management automation for regulatory, financial and investor reporting, has acquired StatPro Group, a provider of cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management
Egeria is to acquire 100 per cent of the shares of consumer electronics manufacturer Trust. Financial details of the deal have not been disclosed. Mark Wetzels from Egeria says that Trust owes its prominent position to its customer focus, speed
UK bookseller Waterstones has been acquired by funds managed by activist hedge fund manager Paul Singer’s (pictured), Elliott Advisors. Waterstones operates a chain of 283 bookshops located across the UK and Ireland, and in The Netherlands and Belgium, and had
