IHS Markit, a specialist in information, analytics and solutions, has acquired DeriveXperts, a provider of valuation services for OTC derivatives and other complex financial securities. The acquisition complements and enhances the existing derivatives data and valuations businesses at IHS Markit.
Ultimus Fund Solutions has acquired Woodfield Fund Administration, a privately-owned private fund administration firm headquartered in Chicago, Illinois. Ultimus says that the combination will allow each firm to better leverage technology investments, resources and assets, providing current and prospective clients
BlackRock is to acquire Tennenbaum Capital Partners, an investment manager focused on middle market performing credit and special situation credit opportunities. The acquisition augments BlackRock’s position as a leading global credit asset manager and advances its goal of providing clients
ACA Compliance Group (ACA) is to acquire Cordium, a provider of governance, risk and compliance (GRC) services. The financial terms of the transaction, which is expected to close this summer, subject to regulatory approvals, have not been disclosed. The complementary
CME Group is to acquire NEX Group in a deal valued at USD5.4 billion. CME Group will pay GBP10 per share – a premium of around 3 per cent to the stock’s closing price on 28 March – consisting of
Abel Noser Holdings is acquiring Zeno Consulting Group, a provider of best execution analysis, regulatory and trade surveillance services. Zeno has over three decades of experience in helping asset owners manage and control equity, fixed income and FX trading
Alter Domus, a provider of Fund and Corporate Services to alternative investment managers, has completed the acquisition of Cortland Capital Market Services (Cortland) in the US. Headquartered in Chicago and with offices in New York, London, Los Angeles, Austin, Indianapolis,
Vistra, a provider of international incorporations, trust, fiduciary, private office, and fund administration services, has acquired Canyon CTS (Canyon), a boutique capital markets corporate and trust business headquartered in Shannon, Ireland, with offices in Dublin and New York. The deal
PEAK6, a Chicago-based investment and technology firm, has acquired Electronic Transaction Clearing (ETC), a custodian and clearing provider with a technology-driven approach to serving the institutional and professional trading marketplace. ETC’s institutional orientation will expand PEAK6’s footprint in custody and
Lighthouse Investment Partners is to acquire substantially all of the assets of Mesirow Advanced Strategies (MAS) multi-manager hedge fund division. A significant portion of the MAS team is expected to join Lighthouse as part of the transition and will continue
