Man Group has completed its previously announced acquisition of Aalto Invest Holding (Aalto). Luke Ellis (pictured), CEO of Man Group, says: “We are delighted to have completed the acquisition of Aalto, which is a key step in the development of
AcadiaSoft, a provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, has acquired ProtoColl, an end-to-end collateral and margin management service, from the Depository Trust & Clearing Corporation (DTCC). Terms of the deal have not been disclosed.
Multi-strategy hedge fund manager Elliott Management Corporation, through an affiliate, is to acquire a controlling interest in Aeolus Capital Management (ACM) and its affiliated entities. The transaction is subject to the completion of definitive documentation and regulatory approval and is
KCG Holdings has completed the acquisition of Neonet Securities, an independent agency broker and execution specialist based in Stockholm, Sweden. The Neonet business, which will operate as a subsidiary of KCG and be renamed KCG Neonet, will continue to be
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is to acquire Guggenheim Investment’s 1940-Act mutual fund administration business, Rydex Fund Services. The transaction is expected to close in the fourth quarter of 2016, subject to
Hedge fund manager Hatteras Funds is to repurchase itself from RCS Capital Corporation and re-establish itself as an employee-owned alternative investment boutique. Acquired by RCS Capital on 30 June, 2014, Hatteras Funds has continued to operate as an independent reporting
Stifel Financial Corp is to acquire Eaton Partners, an independent, partner-owned hedge fund and private equity fund placement and advisory firm. Eaton's extensive relationships with private equity firms, hedge funds, high net worth family offices, and institutional investors is a
Affiliated Managers Group (AMG) is to acquire an equity interest in South African hedge fund firm Abax Investments with the firm’s senior partners continuing to hold the majority of the equity of the business and direct day-to-day operations. With approximately
Conning is to acquire Octagon Credit Investors, a US–based manager of specialised credit asset classes with expertise in collateralised loan obligations (CLOs), bank loans and high yield bonds. Based in New York, Octagon has more than 20 years of experience
Investcorp has acquired the hedge fund of funds business unit of SSARIS Advisors, a manager of absolute return hedge fund strategies and hedge fund of funds strategies headquartered in Wilton, Connecticut. Four key members of SSARIS' hedge fund of funds
