Asset and wealth management consultancy Alpha FMC has launched a new Data Solutions division to bolster its digital consultancy offering. The creation of the division is in response to growing demand from its clients for consulting advice and data services.
Professional Partners Administration has reached an agreement to sell its authorised corporate director (ACD) operation, Fund Partners, to independent Luxembourg-based fund management company FundRock Management Company. Subject to regulatory approval and final contract details, the two parties hope the agreement
Visible Alpha has acquired ONEaccess, a corporate access, resource tracking and broker valuation platform with more than 185 contributing sell-side firms and 150 buy-side client firms. The purchase of ONEaccess will enable Visible Alpha to accelerate its goal of changing
ACA Compliance Group, a provider of compliance, cybersecurity, performance and technology solutions to financial services firms, has acquired Telavance. Founded in 2010 by Salvatore Cangialosi (pictured), Gokul Kallambunathil, Rama Pappu and Mahesh Viswanathan, Telavance provides anti-money laundering (AML) risk reviews
Linedata, a solutions provider to the investment management and credit industries, is to acquire Gravitas Technology Services, a provider of middle office and technology services to the hedge fund industry. Gravitas is based mainly in New York and Mumbai.
Alger Associates has agreed to acquire Boston-based Weatherbie Capital, a growth equity manager with over USD800 million in assets under management. Weatherbie Capital was founded in 1995 by Matthew Weatherbie and, similar to Alger, takes a fundamental, bottom-up research approach
IS Prime Risk Services, an affiliate of IS Prime, has acquired the assets of Think Liquidity, a provider of risk management focused technology and services. The acquisition, for a non-disclosed sum, is a key part of the group’s strategy to
Alternative investment advisory firm AlphaCore Capital has doubled its assets under administration to approximately USD205 million following the acquisition of a San Diego-based registered investment adviser and the addition of five new team members. The firm's expansion will double assets
The majority of global alternative firm SkyBridge Capital has been sold to RON Transatlantic EG and HNA Capital. Financial terms of the transaction have not been disclosed but at the end of November SkyBridge managed or advised on USD12 billion. SkyBridge also hosts the
Thomson Reuters has completed its acquisition of REDI Holdings, allowing it to incorporate a cross-asset execution management system (EMS) into its buy-side trading capabilities. REDI will now operate as Thomson Reuters REDI. Thomson Reuters REDI will continue to provide
